Debt Payoff Planner & Tracker 4+

Debt Free Snowball Calculator

OxbowSoft LLC

    • 4.7 • 5K Ratings
    • Free
    • Offers In-App Purchases



The Debt Payoff Planner app is the simplest way to stop feeling overwhelmed and start having a specific, step-by-step plan for paying off your loans.

Today is the day to make a plan with a loan calculator and beginning paying down debt. Required inputs for calculating your debt free date are the current balance of the loan, the annual percentage rate (APR), and the minimum payment amount. That's the only requirement to getting a customized debt repayment schedule.

Easy steps to becoming debt free:

- Enter your loans and debts
- Enter your additional monthly payment budget to pay down faster
- Choose a debt payoff strategy
* Dave Ramsey's Debt Snowball (lowest balance first)
* Debt Avalanche (highest rate first)
* Debt Snowflake (one-time extra payment toward loans)
* Custom debt free payoff plan

Debt Payoff Planner and Loan Calculator determines the optimum payment plan and how long it will take until you will be debt free. You tell the app how much you want to budget toward paying off your debt and we'll tell you how. We recommend the Debt Snowball strategy because we believe that paying off individual accounts faster will help you stay focused on your financial goal of debt elimination. A payoff plan is only useful if you stick with it!

Your ability and willingness to pay more than the minimum payments is how you will become debt free in less time than you imagined. Budgeting your income will help you to get a regular monthly amount to pay down the debt faster. The payoff chart will show two payoff scenarios: only paying the minimum amounts, and the repayment schedule when you pay more the the minimum ever month.

Creating an account enables you to have a secure backup and your information is immediately available if you start using a new device. Getting out of debt is hard, so we try to allow you to take baby steps toward this goal.

We believe that becoming debt free requires an easy starting point and making sure every dollar is leveraged perfectly. The loan calculator has minimal inputs in order to make your money management easy to follow.

The Debt Payoff Planner and Calculator is also used for tracking payments and updating the time-frame for becoming debt-free. Inputting payment information is as simple as typing in the amount and the date the payment was made. The goal of payment tracking is to see your progress over time and affirm that you are staying focused on your financial goals.

In addition to being a debt tracker and loan calculator, we are also trying to help point out some possible next steps with articles focused on how to pay off student loans, auto loans, and credit cards faster. Also, there is some tips on credit card balance transfers as well as strategies for debt consolidation.

We support eight loan categories:
* Credit Cards like Capital One, Citicard, Chase, etc.
* Student Loans like Navient, Sallie Mae, Great Lakes, etc.
* Auto/Car Loans
* Medical Loans
* Mortgages like Rocket Mortgage, SoFi, etc.
* Personal Loans to friends and family or other individuals
* Taxes like IRS or local municipalities
* Other category could be anything from a paycheck loan to a hard money loan

In addition to the Debt Snowball calculator and the Debt Avalanche method, many users like to do a custom sorting of their debts. This customization is available for users that want to be their own debt manager.

We allow the ability to provide a Debt Snowflake payoff as well. A Debt Snowflake is a one-time payment from things like a bonus at work, a tax refund, an extra payday, etc. This additional capability allows you to have tighter control over every dollar you are budgeting.

Terms of Service:
Privacy Policy:
End-User License Agreement:

What’s New

Version 2.2.1

Additional stability improvements to make you successful on your debt payoff journey

Ratings and Reviews

4.7 out of 5
5K Ratings

5K Ratings

Christi LY ,

Options to Play With

I am not a newbie to the debt snowball, I have a copy on my excel spreadsheet. While that version is useful it is extremely hard to maintain and adjust my priorities. Once you input it it has to stay in that column. That is were the Debt Payoff Planner excels. I can customize what I want as a priority to pay off and see what my outcome will be, all with a slide of my finger. Extra bonus I really like is being able to make educated decisions on what to pay off and how much interest I will end up paying. A huge difference between the excel version of snowball debt to this is the fact that we have several loans that are zero percent interest for X amount of month. Debt Payoff Planner takes that in to consideration. This is a much more convenient app that allows me to adjust as needed and easily track my progress. One small little thing that I wish was changed, my APR is already entered, I would like to just put in how much I paid and call it a day. If I decided to pay a couple dollars more than my minimum I would like to just hit enter and move on. I get it if you have a loan that you can pay more to interest but in my case most of our outstanding debt doesn’t offer that choice. Overall I am extremely over the moon with the layout and ease of use.

Developer Response ,

Thanks so much for the kind review! We're so glad that this free loan calculator has helped make your life easier. You should be able to get what you want with the extra payment by clicking 'Use Payoff Plan Estimate' to automatically compute the interest, then select 'Enter Details Directly' and change the Total Paid to how much you paid and then click the Calculate button. It's a couple more clicks, but you wouldn't need to calculate the loan manually if you do it this. Feel free to reach out to us at if you have any questions on how to accomplish this.

More Receipt Options ,

It’s given me hope!!!

This app has been just what I needed! I love the options to either enter the payment details manually or use the Payoff Plan Estimate for your monthly entries. It will not automatically credit your payments monthly which is great because it forces you to look at your payment amount each month so that you can see your accomplishments. Also if you have budgeted extra money to pay each month the app will allow you to add it. If you get a surprise gift of money you can take that amount to pay down your debt as a Snowflake option. I’ve tried another app for debt payoff but this app is the best by far. I’m amazed at the choices I have and not having to pay for the pro version. I did create an account but the best part is that you don’t have to provide account numbers, just name the account whatever you like add details and voila your on your way to being debt free! I’m definitely addicted to this app. The COVID-19 pandemic has made me put a lot of things into perspective for the better and forced me to save when I normally wouldn’t. I’m looking forward to having this debt paid off for good in less than three years. 🙏🏾🙌🏾

Developer Response ,

Thank you so much for the kind and honest review! We're so glad that we've been invited along on your debt-free journey! You're right: we believe that being able to enter your payments and track your progress is the best way to keep your goals at the top of mind. We've strived to make our debt snowball calculator as simple and easy as possible so we can help the most people. This year has been layer-upon-layer of crises and our wish is that through it all, we may have been able to provide some help and some hope to someone who needs it right now. Furthermore, we're continuing to deliver improvements, so stay tuned for what's next!

Tinkypoo ,


My biggest complaint is that there is not a easy way to add an additional payment. From my understanding the only way to do this is to create a one time funding and then pray it applies to the bill you actually applied the payment to. Or you can go in and change the original balance, which is the easiest way but doesn’t give the user the an accurate depiction of how they paid down their debt.

Please just add a simple option that says “make an additional payment” to one of the debts. This could be a drop down or a button on each debt that says pay more. If I just paid an extra $500 to my debt, there should be a quick easy way to record that. I shouldn’t have to plan it in the app, then navigate to track to confirm that I did add funding, then wait until the next scheduled payments for funding to distribute.

I’ve seen other users leave this feedback and the responses from the company never acknowledges that the current process to record extra payments is not simple or straightforward. I do not have the free version, I paid. Now I’m feeling like I didn’t necessarily upgrade from the other debt management app I was using. While I love the planning part of this app. I left behind the ease of recording an extra payment.

App Privacy

The developer, OxbowSoft LLC, 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 Linked to You

The following data may be collected and linked to your identity:

  • Financial Info
  • Contact Info
  • User Content
  • Usage Data

Data Not Linked to You

The following data may be collected but it is not linked to your identity:

  • Diagnostics

Privacy practices may vary, for example, based on the features you use or your age. Learn More

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