Debt Payoff Planner
A simple, focused debt snowball and avalanche calculator app
How it works
Debt Payoff Planner by OxbowSoft LLC is a dedicated debt elimination app for iOS and Android that helps you create and follow a structured payoff plan. You manually enter your debts across eight categories (credit cards, student loans, auto, medical, mortgage, personal loans, taxes, and other), then choose from snowball, avalanche, snowflake, or custom payoff strategies. The app visualizes your progress with charts, amortization schedules, and a projected debt-free date.
Is it right for you?
Consider if you
- You want a dedicated debt payoff tool without budgeting features getting in the way
- You prefer manually entering debts rather than linking financial accounts
- You want to compare multiple payoff strategies (snowball, avalanche, custom)
Skip if you
- Those who want automatic bank syncing — all entries must be done manually
- People looking for a full budgeting app with debt tracking as a side feature
- Users who want a native desktop app — it is mobile-only with no desktop companion
Your money and data
The app does not link to your financial accounts or store banking credentials, which limits the data exposure risk. Account creation enables secure cloud backup and sync across devices. As with any financial app that stores debt information, users should use a strong unique password and enable device-level security features.
Pros & Cons
Pros
- Supports snowball, avalanche, snowflake, and custom payoff strategies in one app
- Named Best Overall Debt Payoff Planner by Investopedia, beating Undebt.it and YNAB
- Very affordable premium tier at roughly $2/month with no locked features in the free version
Cons
- No automatic account syncing — all debt balances and payments must be entered manually
- No dedicated desktop app — mobile-only with no web or desktop companion
- Limited to debt payoff tracking with no broader budgeting or net worth features
Pricing details
Free basic tier · Premium ~$2/month or ~$12-24/year · No ads in paid tier
On debtpayoffplanner.com · We may earn a commission
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