Debt Payoff Planner is a debt calculating application for Android mobile devices. This versatile utility helps users to develop a specific plan to pay off loans.
Free at last
This powerful app offers an easy and clear way to form the exact repayment plan for any type of loan. It does not matter if you borrowed some money from a friend or took a mortgage, this utility is able to consider every parameter and offer you a suitable way to get out of the debt.
The basic parameters that this application is going to need are the current balance of the loan, the minimum payment amount and the annual percentage rate. You are also free to add custom fees, charges and costs. The tech takes into account extra payment if you decide to make some.
After entering the data, the planner offers you several payoff strategies. You are able to choose one of them or create a custom one that suits you the best. It is worth remembering that the app itself will not solve the problem. Getting rid of a loan takes perseverance, but at the very least you will have a working plan to do so.
By the way, if you want to buy a home, you can refer to a specialized application called Karls Mortgage Calculator.
Features
- suitable to calculate any kind of loan;
- several preset repayment strategies;
- the app is free to download;
- compatible with current Android versions.
