DebtDrop: Mortgage & Payoff
Recast Calculator & Planner
Free · Designed for iPad. Not verified for macOS.
DebtDrop is the only debt payoff app with a built-in mortgage recast calculator. See exactly how a lump sum payment can lower your monthly mortgage payment, reduce total interest, and accelerate your path to being debt-free.
MORTGAGE RECAST CALCULATOR
Run recast scenarios to see how extra principal payments reduce your monthly obligation. Compare before and after payments, total interest saved, and new payoff timelines. No other debt app offers this level of mortgage intelligence.
SMART DEBT PAYOFF STRATEGIES
Choose between the snowball method (smallest balance first) or avalanche method (highest interest first) to pay off your debts. DebtDrop runs full simulations showing your projected payoff date, total interest paid, and money saved with extra payments.
EQUITY & PMI TRACKING
Track your home equity in real time. DebtDrop monitors your loan-to-value ratio and alerts you when you reach 80% LTV, the threshold to request PMI removal and save hundreds per month.
AMORTIZATION TABLES
View complete amortization schedules for every debt. See the principal and interest breakdown for each payment, month by month, so you always know where your money goes.
COUPLES MODE
Managing debt together? Enable household mode to track individual and joint debts side by side. Assign debts to each partner and see combined payoff projections.
PAYMENT HISTORY & TRACKING
Record every payment and watch your progress. DebtDrop tracks your payment streaks, total amount paid, and principal progress over time.
PDF EXPORT
Generate detailed debt reports and share them as PDFs. Perfect for financial planning meetings, mortgage applications, or personal records.
COMPLETE PRIVACY
DebtDrop never collects, stores, or shares your data. No analytics, no tracking, no ads. Everything stays on your device (and your personal iCloud if you choose to sync).
FEATURES AT A GLANCE:
- Mortgage recast calculator with scenario comparisons
- Snowball and avalanche payoff strategies
- Home equity and LTV tracking
- PMI removal alerts
- Full amortization tables
- Couples/household mode
- Payment history and streak tracking
- PDF report export
- Net worth dashboard
- No account required, no data collection
DebtDrop provides estimates and projections only and is not a substitute for professional financial advice.
What's new in DebtDrop 1.2:
• Optional Face ID / Touch ID lock keeps your financial data private
• Interest rates now support 3 decimal places (e.g. 19.638%)
• Smarter payment recording — Minimum is pre-selected on open, escrow auto-disables for principal-only payments, and a new "Min + Extra Principal" mode applies extra payments entirely to principal
• Fixed: keyboard "Done" button now properly dismisses the keyboard
Got feedback? Tap More → Support to reach us. Thanks for tracking with DebtDrop.
The developer, MARC RICHARD JULOT, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy .
Data Not Collected
The developer does not collect any data from this app.
Accessibility
The developer has not yet indicated which accessibility features this app supports. Learn More
Information
- Seller
- MARC RICHARD JULOT
- Size
- 4.1 MB
- Category
- Finance
- Compatibility
Requires iOS 17.0 or later.
- iPhone
Requires iOS 17.0 or later. - iPad
Requires iPadOS 17.0 or later. - Mac
Requires macOS 14.0 or later and a Mac with Apple M1 chip or later. - Apple Vision
Requires visionOS 1.0 or later.
- iPhone
- Languages
- English
- Age Rating
4+
- 4+
- Copyright
- © 2026 Nuvia Way LLC