Pay It Down is an easy-to-use application that helps you calculate and visualize the best strategy for getting out of debt. Use Pay It Down to determine the debt repayment time for a simple loan or credit card debt, or enter more information and Pay It Down will graph your total personal debt profile and calculate when you will be completely debt free.

Use the Additional Payment Settings to see how adding a small amount to your monthly payment can shave months or even years off of your debt repayment plan. Or, use Pay It Down to compare two or more different loan offers before deciding which to sign up for.  Just record the basic information for each loan, and Pay It Down will calculate the total interest and monthly payment – critical factors in determining which loan offer is a better deal.

In today’s economy, people are looking for more ways to be smart about money. Paying off existing debt is one of the best ways to save money, and seeing a graph that shows your debt going down is a great motivator. Pay It Down is a creative interactive tool that can be used by parents and educators to teach responsible money management.

What’s New

Version 1.4.3

Fixed a regression in 1.4.2 where in some cases you could not edit the date of additional payments for an account.

Ratings and Reviews

1.0 out of 5
1 Rating

1 Rating

schickb ,

The math dosn't add up

putting in the numbers, the math does not add up. I compare it with my credit card statement that shows pay off dates if you only make minimum payments, and this software is off by 300 months. I don't think Pay It Down knows how the interest is calculated.
Easy setup, not much value.

NativeFlowerLover ,

Easy to use and the math works great!

I am not sure how schikb used the program when he said that the math doesn't add up, but I think he's wrong. I have had no problems with the math... I did an initial couple of checks with my credit cards and the math was right on. Pay It Down helped me to figure out which of two loan offers was best for me (big loan for finishing my basement). I also saw the effect that paying just $25 more each month can do - shaved over a year off of the loan! I think that the graphs are very helpful and I like that the program is easy to use. I especially like watching my debt load go down! This program gives a good visual representation of the data.

Micr0n08 ,

Not worth $14.99

This program is a great idea; It allows you to see when debt will be paid off, unfortunatly that is the only thing it does. Its not worth the $14.99 they charged. This app at most should be $4.99.

Good concept, just not enough to really make the $15 dollars worth the purchase.


Snowmint Creative Solutions LLC
2.9 MB

OS X 10.6.6 or later, 64-bit processor



Age Rating
Rated 4+
© 2016 Snowmint Creative Solutions LLC


  • Family Sharing

    With Family Sharing set up, up to six family members can use this app.

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