Debt Payoff Assistant 5.1

Debt Payoff Assistant 5.1

SVT Software – Freeware – iOS
out of 136 votes
Latest Version
5.1
Safe to install
VERY GOOD User Rating

The Debt Payoff Assistant app is a powerful tool that will assist you in efficiently paying off all your debts using the widely recognized Debt-snowball method. This method is highly recommended by financial experts as the primary debt management technique. With the app, you simply pay the minimum payments on all your debts until the first one is completely paid off. Then, you can apply the extra payment from the paid off debt towards the next debt, which will help accelerate the process and boost your confidence.

Debt Payoff Assistant offers a free full-featured version supported by ads. If you prefer an ads-free experience, you can search for "Debt Payoff Pro" in the App Store.

FEATURES

  • Universal Binary: Designed for iPhone, iPod Touch, and iPad devices. No need to buy separate apps for each device.
  • Multiple Debts Tracking: Keep track of an unlimited number of debts.
  • Multiple Payoff Strategies: Choose between different strategies, such as Lowest Balance First, Highest Balance First, Highest Interest First, or Custom Ordering.
  • Debt Payment Tracking: Easily track your debt payments by highlighting them on the payment schedule.
  • Extra Payment Support: Accelerate your debt payoff by making extra principal payments.
  • Built-in Calculators: Use the Payoff Date Calculator, Mortgage Calculator, and Loan Calculator to aid in your financial planning.
  • Charts and Reports: Visualize your progress with charts and reports that display important information about your total debts, remaining debts, total interest paid, interest savings, debt payoff date, and time saved in debt payoff.
  • Percent Paid Progress Bars: Stay motivated with progress bars that track how much of each debt you have paid off.
  • Payment Due Date Notification: Set reminders for payment due dates, and customize the time of day you want to be notified.
  • Amortization Table: Gain insight into the interest, principal, and remaining balance for each payment throughout the loan.
  • Dynamic Custom Ordering of Debts: With the custom ordering strategy, you can easily adjust the order in which debts are paid off and instantly see how it affects the total debt plus interest amount and the debt payoff date.
  • Payoff Date Calculator: Use the built-in calculator to see how increasing or decreasing your monthly payment amount will affect the payoff date and total interest paid.
  • Passcode Security: Protect your financial information with a secure passcode.
  • Export Capability: Easily export your payment list and amortization schedule in HTML format via email.
  • Large Number Keypad: Quickly enter numeric amounts with a large standard keypad.
  • Customization Settings and Icons: Personalize the application to suit your preferences with configurable settings and beautiful debt icons.
  • Debt Delete Lock: Prevent accidental deletion of debts or debt payment tracking.
  • Backup / Restore: Safeguard your data by creating backups on your computer and restore them to your iOS device when needed through the iTunes file sharing interface.
  • International Currency Support: Currency options based on the region setting of your device.
  • Clean, Intuitive User Interface: Enjoy a user-friendly interface that makes navigation simple and clear.

Overview

Debt Payoff Assistant is a Freeware software in the category Business developed by SVT Software.

The latest version of Debt Payoff Assistant is 5.1, released on 12/28/2023. It was initially added to our database on 12/28/2023.

Debt Payoff Assistant runs on the following operating systems: iOS.

Users of Debt Payoff Assistant gave it a rating of 4 out of 5 stars.

Screenshots (Click to view larger)

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