What this app does: Tells you HOW long it will take to get out of debt with some BASIC monthly details. Up to TWO debts supported. Download if this is what you would like to have.
What this app does NOT do: Give you detailed monthly planning, or support three or more debts. If you continue to download this app, please rate it on how it currently functions.
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Debt Planner will provide you with a quick, simple way of calculating different aspects of your current debt including the time it will take to pay off, the total interest fees over the lifetime of the debt, your current APR fee, and more! Whether it is credit cards, auto loans, personal loans, you can calculate it!
It will also factor in potential balance transfer fees and promotional rates as well! The app will then store your numbers for later use.
Calculations in this app are very accurate. Remember, if you feed it bogus numbers, you might get a bogus answer! It can only contain so many built-in protections!
Disclaimer: Debt Planner will simply give an approximate amount of time (in months) that you will be debt-free. There are many real world factors that will put you at a different end-date. In order to meet the formulated date, you must try to pay as close to your specified monthly payment goal as possible.
Read the "Notes" section inside the app for more details!
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