LoanOrCash vs Owl Debt Focus

This application helps you explore fixed-rate loan scenarios for both new or existing loans. For existing loans, this application will calculate the remaining principle and interest on the loan. “Loan or Pay Cash?”, is a unique feature which can provide insight to a common financial planning question on whether to borrow money or pay cash for a purchase? Or assist with deciding whether to pay off an existing loan with cash from savings or investments. Entering values ... The values that can be changed are represented in the color “blue”. These values can be changed by either using the slider or with the numeric keyboard. For a value higher than the slider maximum allowed is desired, then the user must use the numeric keyboard to enter the value. Loan Term - can be entered in months or years. If months are entered, then the application will automatically adjust years to match and vis-a-versa. The loan term slider will advance number of months in twelve (12) month increments to a maximum of 360. Values above 360 maybe entered with the keypad to a maximum of 600 months (or 50 years). Months Remaining - for an existing loan, this value represents the months remaining not to exceed the Loan Term value entered above. If this value is less than the Loan Term, the remaining principal and interest is calculated and displayed. Federal Tax Rate %, State/Local Tax Rate % - enter your effective tax rate to be used in calculating the desired investment return rate estimates. You can often obtain this value from your last tax return. Most popular tax programs will automatically provide these values, otherwise they can be estimated by taking your Total Tax Expense and dividing by your Taxable Income. For personal advice regarding your financial situation and effective tax rates, please consult with a financial or tax advisor. Explore - Loan or Pay Cash? This feature estimates the desired investment rate of return and can help answer questions like ... Do I borrow or pay cash (i.e. cash from savings or investments) for a purchase? What minimal investment return (after taxes) would I need to cover the interest payments on the loan? Should I pay off an existing loan? The desired investment return rate calculated, is estimated using the remaining principal and term of the loan. This calculation assumes that the return from investments would be subjected to yearly taxes (i.e. taxes subjected to capital gains, dividend income, interest income, etc). The amount of the investment is decreased monthly by the amount of the monthly loan payments (i.e. principle & interest) and yearly for taxes on investments returns. This calculator assumes that any allowable tax deduction of loan interest (e.g. home mortgage) is factored into the effective tax rates input in the Federal Tax Rate and State/Local Tax Rate input values. Desired investment return over loan term period: This shows the average annual total return (%) desired from an investment and the actual return ($) over the remaining term of the loan. The picker provides 10 additional higher investment return scenarios for comparison purposes.

Owl Debt Focus helps you plan debt payments around your real paychecks. Instead of showing another complicated finance dashboard, Owl gives you a calmer way to see what is due, what you can safely spend, and what to focus on next. Track debts, plan payments, check your next pay period, and move forward one paycheck at a time. Key features: 1. Plan debt around each paycheck See what is due before your next payday, what is already planned, and what may still be safe to spend. 2. Stay on top of upcoming payments Track overdue and upcoming payments, mark payments as paid, adjust amounts, or postpone due dates when life changes. 3. Get a calmer Owl Check-in Generate a structured check-in based on your debts, pay schedule, fixed expenses, and recent changes. Your plan updates as your debt changes. 4. Add payment reminders Add debt payment reminders to Apple Calendar so important due dates stay visible. 5. Share small progress Share a paycheck plan or payment win without showing amounts by default. You choose when amounts are visible. 6. Keep your plan private Owl is offline-first. Your debt plan stays on your device unless you choose to use iCloud sync. 7. Optional faster entry Use screenshot scanning to help capture amounts from bills or statements and reduce manual typing. Owl Debt Focus Pro: Owl Pro unlocks full check-in reports, paycheck planning tools, safe extra payment estimates, iCloud sync, history and insights, ad removal, and other Pro-marked features. Subscriptions: Owl Debt Focus offers optional monthly and annual subscriptions, plus a one-time lifetime purchase where available. Payment is charged to your Apple ID account at confirmation of purchase. Subscriptions renew automatically unless auto-renew is turned off at least 24 hours before the current period ends. Your account may be charged for renewal within 24 hours before the end of the current period. You can manage or cancel subscriptions in your App Store account settings. If a free trial is offered, unused trial time may be forfeited when you purchase a subscription, where applicable. Privacy & Security: Your privacy is our priority. Owl Debt Focus operates only on the data you provide, helping keep your information private and under your control. Privacy Policy: https://owldebtfocus.top/privacy.html Terms of Use: https://www.apple.com/legal/internet-services/itunes/dev/stdeula/ Disclaimer: Owl Debt Focus is a self-help tool for debt tracking, payoff planning, and personal debt organization. Owl Debt Focus does not offer loans or financial services, does not provide credit repair services, and does not guarantee debt reduction, repayment outcomes, credit score changes, or financial results. Information in the app is for general personal planning purposes only and is not financial, legal, tax, investment, or credit advice. Please consult qualified financial, legal, or tax professionals for advice specific to your situation.