Money Toolkit vs Debtless

Track your loans, calculate EMIs, set bill reminders, and watch live interest rates — all 100% offline. No login. No account. No internet required. Money Toolkit is a free personal finance companion for everyday financial decisions. Every calculation happens on your device. Your data never leaves your phone. — TOOLS INCLUDED — Loan Tracker Add and manage personal loans. Track principal, interest rate, EMI amount, and due date for every loan you owe — stored locally, fully private. EMI Calculator Enter any loan amount, annual interest rate, and tenure to get your monthly payment instantly. Works offline, no server call. Affordability Calculator Know before you borrow. Enter your income and maximum monthly EMI to see the largest loan you can safely take on. Bill Reminders Set recurring reminders for rent, electricity, subscriptions, and loan payments. Get notified before the due date — no cloud sync needed. Amortization Schedule See the complete month-by-month repayment breakdown for any loan: principal paid, interest paid, and outstanding balance at every step. Loan Comparison Evaluating two loan offers? Compare total cost, monthly payment, and total interest side-by-side before you sign. Interest Rates Live US Federal Reserve benchmark rates — federal funds rate, mortgage rates, treasury yields — via the free FRED API. Requires a free FRED key (fred.stlouisfed.org); shows a clear empty state without one. Country Macro Data GDP growth, inflation (CPI), and unemployment rates for countries worldwide from World Bank Open Data. No API key needed. Currency Exchange Rates Live foreign exchange rates for any base currency — useful for travel, international transfers, or tracking money across borders. — WHY MONEY TOOLKIT — No login or account — open the app and start immediately. Works offline — calculators, loan tracking, and bill reminders need no internet. No ads, no tracking, no analytics — your financial data stays on your device. No subscription — free forever. Open source — MIT licensed. Code available on GitHub. Built by the Mifos Initiative, a nonprofit with 15+ years of experience building financial tools for underserved communities worldwide. GitHub: https://github.com/openMF/kmp-project-template

100% free. No ads. No subscriptions. Debtless keeps the number that matters most—the date you are projected to be debt-free—at the top of your plan. Add debts manually or scan a statement, log payments, and see the projection move as your balances change. EVERY FEATURE IS FREE • Track unlimited debts, payments, due dates, and savings goals • See total debt, minimum payments, payoff progress, and a projected debt-free date • Log quick extra payments without exceeding the remaining balance • Compare avalanche, snowball, and hybrid payoff strategies • Explore payoff questions with the on-device Plan Assistant on compatible Apple Intelligence devices • Use Apple Intelligence-enhanced statement extraction on compatible devices • Get Earn ideas tailored to your skills and most expensive debt • Set local due-date reminders and export your ledger to CSV There is no subscription, in-app purchase, paywall, advertising, or paid feature tier. Generated features have no message or scan quotas because processing runs on-device. PRIVACY BY DESIGN There is no bank linking or sign-in account. Your debt ledger, statement processing, saved Plan Assistant conversation, prompts, and generated output stay on your device. On compatible devices, generated features use Apple's Foundation Models framework and Apple Intelligence with no network AI fallback. Debtless does not sell your data, record product usage, or include third-party ad, tracking, or analytics SDKs. Apple Intelligence and other generated output can be incomplete, outdated, misleading, or wrong. Debtless and its Plan Assistant are software planning and education tools, not financial advisers, and do not provide financial, legal, tax, credit-repair, lending, or investment advice. Verify important figures and creditor terms before acting. Terms: https://debtlessapp.com/terms/ Privacy: https://debtlessapp.com/privacy/