Debt Master Free description

Debt Master helps you organize, manage and pay off your debts. Primarily, it includes tools to help you plan a strategy and analyze the results of using the Debt Snowball method, which is the debt-clearing model recommended by leading debt advisers.

Getting out of debt made easy. Pay off your debts with Debt Snowball method and save!

++ One clear screen to manage all your debts (credit cards, loans and mortgages).
++ Debt Free Date is calculated automatically.
++ Individual Pay Off Date is displayed under each of your debts.
++ One Tap to enter a payment
++ Payments with custom amounts
++ Built-in calculator.


PAY OFF STRATEGIES SNOWBALL METHOD


++ Highest interest rate
++ Lowest balance
++ Highest balance
++ Custom order
++ Summary shows your payoff progress
++ An unlimited number of debts can be entered
++ each debt can be individually analyzed
++ payments may be entered as a percentage of balance
++ support for introductory rates e.g. 0% for 6 months
++ Monthly Payments may be recorded
++ allows you to keep track of your progress
++ Choice of payment periods
++ handles monthly, weekly and fortnightly payments
++ Extra Payments can be entered against each debt
++ helps pay off your debts even faster
++ can be entered Monthly, Yearly or as a One Off
++ Transactions can be entered against each debt
++ allows you to take into account expenses/purchases
++ Interactive reports
++ easy visualization of the debt breakdown
++ compare debts side by side
++ Set of Calculators are included to help you compute:
++ Handles Mortgage, credit cards, loans, other
++ Percent paid progress bar
++ Debt-snowball method: multiple payoff strategies
++ Extra payment tracking
++ Mortgage and loan calculators
++ Fixed/ARM interest rates, daily/monthly interest accrual
++ Payoff date calculator
++ Debt Payoff Graph with Snowball on and off
++ Annual Interest Rate
++ Amortization Schedule
++ Select either dollars, euros, pounds, yen or a custom currency
++ See your planned debt-free date. Compare & contrast how long it'd take to pay off all debts if you weren't using the snowball.
++ Prioritize debts the way you prefer (lowest balance, highest interest, or any order at all)