# DebtDrop: Debt Payoff Planner — Snowball & Avalanche Tracker

> Personalized debt payoff planner with Avalanche and Snowball methods. (iPhone/iPad app by Jacob Grossman.)

- Source: https://appshunter.io/ios/app/debtdrop-debt-payoff-planner/id6760688835 (this page in markdown: same URL + `.md`)
- Developer: [Jacob Grossman](https://appshunter.io/developer/1885749487)
- Category: Finance
- Price: Free with in-app purchases
- Rating: 5.00/5 from 2 App Store ratings · 1 written reviews indexed
- Age rating: 4+
- Requires: iOS 15.1 · 48 MB
- Languages: American English
- Released: 2026-03-27
- Data updated: 2026-08-14
- Monetization: free with in-app purchases
- User reviews in markdown: https://appshunter.io/ios/app/debtdrop-debt-payoff-planner/id6760688835/reviews.md

## What is DebtDrop?

DebtDrop gives you a clear, step-by-step plan to pay off every debt you owe — and shows you exactly how much money you'll save along the way.

JUST ADD YOUR LOANS. WE DO THE REST.
Enter your balances, interest rates, and minimum payments. DebtDrop instantly builds a personalized payoff plan and tells you exactly what to pay, to whom, and when.

YOUR MONTHLY PLAYBOOK
Every month, DebtDrop tells you which loan to focus on and how much to pay. No spreadsheets. No guessing. Just a clear action item.

TWO PROVEN METHODS
- Avalanche — attack the highest interest rate first. Saves the most money.
- Snowball — attack the smallest balance first. Builds momentum faster.
Switch methods anytime and see the impact instantly.

SEE THE REAL COST OF YOUR DEBT
DebtDrop shows you exactly how much of your minimum payment goes to interest vs. actually reducing your balance. It's eye-opening — and motivating.

PREMIUM FEATURES
- Paycheck planner — see exactly how much of each paycheck to set aside
- Full charts — watch your debt trend to zero over time
- Cascade effect — see how each paid-off loan accelerates the next
- PDF export — save and share your complete payoff schedule
- Cloud sync — access your plan on any device

BUILT FOR REAL PEOPLE
No ads. No gimmicks. No shame. DebtDrop is a tool that respects you and your financial situation.

Download free. Start your plan today.

Terms of Use: https://www.apple.com/legal/internet-services/itunes/dev/stdeula/

## Key features

- Personalized payoff plan
- Avalanche and Snowball methods
- Monthly payment guidance
- Interest vs. principal breakdown
- Paycheck planner
- Cloud sync

## Pricing and in-app purchases

Base price: Free.

**Subscriptions**

| Subscription | Price | Period |
| --- | --- | --- |
| ClearDebt Premium (Annual) | $34.99 | per year |
| ClearDebt Premium | $4.99 | per month |


## Recent user reviews (1 of 1)

All indexed reviews: https://appshunter.io/ios/app/debtdrop-debt-payoff-planner/id6760688835/reviews.md

### 5/5 — Super Helpful.

*2026-03-28*

This app made paying off my debt a lot easier to understand. Glad I downloaded this sooner

## Frequently asked questions about DebtDrop

### How does DebtDrop help me pay off debt?

DebtDrop creates a personalized, step-by-step plan based on your loan details. It guides you on which loan to pay and how much each month, using either the Avalanche or Snowball method to accelerate your payoff.

### What are the payoff methods offered by DebtDrop?

DebtDrop supports two proven methods: Avalanche, which prioritizes high-interest debts to save the most money, and Snowball, which focuses on smaller balances first to build momentum.

### Can I see how much I'm saving with DebtDrop?

Yes, DebtDrop clearly shows you how much money you will save by following its payoff plan. It also breaks down your minimum payments to illustrate how much goes towards interest versus reducing your balance.

### What premium features does DebtDrop offer?

Premium features include a paycheck planner to allocate funds, full charts to visualize debt reduction, the cascade effect of paid-off loans, PDF export of your schedule, and cloud sync for multi-device access.

### Is DebtDrop free to use?

DebtDrop is free to download and start your initial plan. Certain advanced features, such as the paycheck planner and PDF export, are available through in-app purchases.

### Does DebtDrop have ads?

No, DebtDrop is ad-free. The app emphasizes a shame-free experience and does not include advertisements or gimmicks.

### What devices is DebtDrop available on?

DebtDrop is available on iPhone, iPad, and iPod, as indicated by its compatibility with iOS devices.

### How often is DebtDrop updated?

The app was last updated on May 3, 2026, indicating ongoing development and support. Its current version is 1.0.6.

## Version history (last 5 releases)

### 1.3.0 — 2026-08-09

Pay once, own it forever — Premium is now available as a one-time purchase, alongside the monthly and annual plans.

Paid off everything? DebtDrop now marks the moment properly, showing your total debt eliminated and every loan you cleared — instead of resetting to a blank screen.

Faster setup: nicknames and due dates are optional now, and your debt-free date appears the moment you add your first loan.

Also in this update:
• Restore Purchases moved to Settings, so you can get Premium back on a new device anytime
• Payment reminders now tell you when they need a due date, instead of quietly doing nothing
• Fixes to the progress chart and the sign-up form

### 1.2.0 — 2026-07-05

Get started faster — no account needed!
• Track up to 3 loans instantly as a guest — no signup required
• Payment reminders now work without an account, so you never miss a due date
• Clearer Premium previews: every locked feature now shows exactly what you'll unlock
• Bug fixes and performance improvements

### 1.1.2 — 2026-06-16

• Light mode — pick Light, Dark, or System in Settings → Appearance.
• Grace periods & deferments for loans you've paused.
• New animated loading screen, accessibility improvements, and bug fixes.

### 1.1.1 — 2026-06-14

Light mode has arrived! Choose Light, Dark, or follow your system
in Settings → Appearance.

Also in this update:
• Grace periods & deferments — mark a loan as deferred so your payoff
  plan stays accurate.
• A fresh animated loading screen to welcome you in.
• Accessibility improvements, an offline banner, and a batch of polish
  and bug fixes throughout.

Thanks for paying it down with DebtDrop!

### 1.1.0 — 2026-06-11

• Log your payments — balances, history, and real progress update as you pay
• The Cascade Effect: watch freed-up payments snowball into your next loan
• What-if slider: drag to see your debt-free date move
• Feel it: haptic feedback throughout

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*Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-08-14.*