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Debt Payoff Planner
Mimi_Arc_en_ciel
Posts: 4,851 Forumite
Absolutely no idea if this is allowed so I am so so sorry if it isn't!
I read a blog the other day and it mentioned an app so i thought I would check it out and i think its helped! I have scheduled additional repayments and have (hopefully!) reduced my debt free date by 6 months ...... I should be DF in 2023, not 2024
Anyway - apps called "Debt Pay off planner" - its a free app (so moneysaving!) and it is essentially all the info that's given here but i think its easier to digest!
You can set it up to work out the repayments in 3 ways - I've gone for highest APR - Lowest. But you can change it to highest balance
I really hope it helps someone! (And again, sorry if its not allowed!)
(No, i have nothing to do with the app, its just helped me thats all)
I read a blog the other day and it mentioned an app so i thought I would check it out and i think its helped! I have scheduled additional repayments and have (hopefully!) reduced my debt free date by 6 months ...... I should be DF in 2023, not 2024
Anyway - apps called "Debt Pay off planner" - its a free app (so moneysaving!) and it is essentially all the info that's given here but i think its easier to digest!
You can set it up to work out the repayments in 3 ways - I've gone for highest APR - Lowest. But you can change it to highest balance
I really hope it helps someone! (And again, sorry if its not allowed!)
(No, i have nothing to do with the app, its just helped me thats all)
2
Comments
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Sounds like that could be a useful tool for people to know about. usual rules apply though - be cautious about how much personal info it requests - if any.🎉 MORTGAGE FREE (First time!) 30/09/2016 🎉 And now we go again…New mortgage taken 01/09/23 🏡
Balance as at 01/09/23 = £115,000.00 Balance as at 31/12/23 = £112,000.00
Balance as at 31/08/24 = £105,400.00 Balance as at 31/12/24 = £102,500.00
Balance as at 31/08/25 = £ 95,450.00
£100k barrier broken 1/4/25SOA CALCULATOR (for DFW newbies): SOA Calculatorshe/her1 -
It doesn't ask for any other than the balancesEssexHebridean said:Sounds like that could be a useful tool for people to know about. usual rules apply though - be cautious about how much personal info it requests - if any.
0 -
Thank you for sharing Mimi - "information is power" as they say 😊👍Statement of Affairs (SOA) link: https://www.lemonfool.co.uk/financecalculators/soa.phpFor free, non-judgemental debt advice, try: Stepchange or National Debtline. Beware fee charging companies with similar names.0
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