What does a debt payoff tracker do?
A tracker keeps an ongoing record of your balances and payments. A calculator estimates a repayment plan from today's inputs. Use the free website calculators to compare an idea, then use the iPhone app when you want to keep a plan and update it as you pay.
Compare snowball, avalanche and a custom plan
Snowball puts the smallest balance first; avalanche puts the highest interest rate first. DebtFree supports both approaches and a custom plan. Payoff dates and interest amounts are estimates based on the information you enter, rather than a promise about your lender's statement.
Start with the snowball vs. avalanche calculator if you want to understand the difference before choosing.
Keep the plan current
- Track credit cards, loans and other debts in one place.
- Record payments and review your progress.
- Explore extra-payment scenarios and estimated payoff dates.
- Set payment reminders and revisit your plan when a balance changes.
Free and Premium
The current App Store listing describes free tracking for up to three debts, payoff strategies and reminders. Premium includes unlimited debt tracking, advanced analytics, PDF export, manual iCloud backup and restore, and custom payoff ordering. Features and purchase options can change; review the listing and the purchase screen before subscribing.
Your data and your decisions
The app's core financial data stays on your device by default. Optional manual iCloud backup uses your personal iCloud account. The website privacy policy explains the browser calculators; the app's current privacy policy is linked on its App Store listing.
DebtFree provides estimates and educational guidance. It does not replace professional financial, legal or tax advice. See the website calculation methodology for the assumptions used by the free tools.
Can I try a plan before downloading?
Yes. The free debt payoff calculator runs in your browser without an account. Your financial inputs are not sent to a server. The website does not save a plan; the app is the ongoing tracker.