If you are looking for the Best App For Debt Snowball Android to download for free, look no further.
Our expert panel of reviewers has tested dozens of apps and we have compiled a list of the 3 Best App For Debt Snowball Android that passed our tests.
Check out our list of the 3 Best App For Debt Snowball Android, tried and tested by our expert reviewers.
3 Best App For Debt Snowball Android
1. Debt Payoff Planner & Tracker
“The Debt Payoff Planner 📱 app is the simplest way to stop feeling overwhelmed and start having a specific, step-by-step plan for paying off your loans 🎉. Today is the day to make a plan with a loan calculator and begin paying down debt.
With Debt Payoff Planner, calculating your debt-free date and getting a customized debt repayment schedule is as easy as entering basic information about your loans: current balance of the loan, annual percentage rate (APR), and minimum payment amount.
Easy steps to becoming debt free with Debt Payoff Planner:
Enter your loans and debts
Enter your additional monthly payment budget to pay down faster
Choose a debt payoff strategy
☃️ Dave Ramsey’s Debt Snowball (lowest balance first)
🏔️ Debt Avalanche (highest rate first)
❄️ Debt Snowflake (one-time extra payment toward loans)
♾️ Custom debt free payoff plan
Debt Payoff Planner and Calculator determines the optimum payment plan and how long it will take until you will be debt free. You tell the app how much you want to budget toward paying off your debt and we’ll tell you how. We recommend the Debt Snowball strategy because we believe that paying off individual accounts faster will help you stay focused on your financial goal of debt elimination. A payoff plan is only useful if you stick with it!
Your ability and willingness to pay more than the minimum payments is how you will become debt free in less time than you imagined. Budgeting your income will help you to get a regular monthly amount to pay down the debt faster. The payoff chart will show two payoff scenarios: only paying the minimum amounts, and the repayment schedule when you pay more the the minimum ever month.
Additionally, there is an option to create an account for saving debt payoff and payment information. This account can be accessed across multiple devices, from multiple app stores. Creating an account is entirely optional, but it does enable you to have a secure backup and your information is immediately available if you start using a new device. Getting out of debt is hard, so we try to allow you to take baby steps toward this goal.
We believe that becoming debt free requires an easy starting point and making sure every dollar is leveraged perfectly. The loan calculator has minimal inputs in order to make your money management easy to follow.
The Debt Payoff Planner and Calculator is also used for tracking payments and updating the time-frame for becoming debt-free. Inputting payment information is as simple as typing in the amount and the date the payment was made. The goal of payment tracking is to see your progress over time and affirm that you are staying focused on your financial goals.
In addition to being a debt tracker and loan calculator, the apps points out some possible next steps with articles focused on how to pay off student loans, auto loans, and credit cards faster. Also, there are some tips on credit card balance transfers as well as strategies for debt consolidation.
Eight different loan categories are available to help plan track and visualize your unique situation:
💳 Credit Cards like Capital One, Citicard, Chase, etc.
🎓 Student Loans like Navient, Sallie Mae, Great Lakes, etc.
🚗 Auto / Car Loans
🏥 Medical Loans
🏠 Mortgages like Rocket Mortgage, SoFi, etc.
👥 Personal Loans to friends and family or other individuals
🏛️ Taxes like IRS or local municipalities
💸 Other category could be anything from a paycheck loan to a hard money loan
In addition to the Debt Snowball calculator and the Debt Avalanche method, many users like to do a custom sorting of their debts. This customization is available for users that want to be their own debt manager.
Debt Payoff Planner supports Debt Snowflake payment as well. A Debt Snowflake is a one-time debt payment from things like a bonus at work, a tax refund, an extra payday, etc. This additional capability allows you to have tighter control over every dollar you are budgeting.”
2. BabySteps: Debt Payoff Planner & Debt Snowball
Got some credit cards? What about student loans or car payments? (Maybe you’ve got a little bit of everything.) Hey, that’s most people. But you don’t want to be “most people.” With the BabySteps app, you’ll track all your payments in one place and take them out one by one using the powerful debt snowball.
But once those debts are history, what’s next? Your money is finally freed up to do what YOU want it to. And the BabySteps app helps you track your money for the long haul. You’ll work through Dave Ramsey’s 7 Baby Steps, the step-by-step playbook with money that’s helped millions go from “I can’t do this” to “I just did that!”
Pay off debt. Build an emergency fund. Save for a down payment on a home. Invest for your future. Watch your confidence with money grow as you reach one goal after another.
TRY RAMSEY+ TO GET THE APP
So, first things first. To access this app, you’ll need to be a member of Ramsey+. (SmartDollar members—you’re already good to go!)
Wait, why not just the BabySteps app? Well, if you want to hit a big money goal (like paying off debt), tracking your progress is just one part. You’ve got to tackle your mindset AND your habits. That’s where Ramsey+ comes in. All three of our apps work together to help you make better choices with money every single day. All those small wins add up to BIG results in your bank account and better habits that get you to your goals faster.
You also get access to:
• EveryDollar – Take control of your spending so you can put more money toward your goals with our easy-to-use budgeting app.
• FinancialPeace – Learn the practical know-how about saving, paying off debt, and building wealth you can start putting into practice TODAY.
Not a member of Ramsey+ yet? No problem. Start your FREE TRIAL at https://www.ramseysolutions.com/ramseyplus.
KEY APP FEATURES
Follow our simple money plan:
• Learn Dave Ramsey’s 7 Baby Steps.
• Find out which Baby Step you’re on.
• Work the Baby Steps to pay off debt, save for emergencies, and build wealth.
Track your debt payments using the debt snowball method:
• Discover the date you’ll be totally debt-free.
• Pay off one debt at a time, smallest to largest.
• Find out how much faster you can be debt-free by adding extra money to your monthly payments.
• Throw a digital snowball at your debt every time you make a payment. Boom. It feels good to hit back.
Track your savings:
• Get tips on how to save money faster and establish an emergency fund.
• Flip some digital coins into your piggy bank. Literally.
• Watch your savings account grow—along with your motivation.
Watch in-app coaching from finance experts:
• Dave Ramsey lays out the facts about debt and saving.
• Rachel Cruze gives budgeting tips to reach your goals faster.
• Ken Coleman dishes out career advice that works at every Baby Step.
Take the app anywhere:
• Track your progress on both desktop and mobile.
• Sync with your EveryDollar budget to update your debt snowball in real time.
3. Debt Planner & Calculator with Banking Ledger
What this app does: Organizes and plans out your debt. Tells you HOW long it will take to get out of debt with some basic monthly details. Up to SIX (6) debts supported * and four (4) payoff strategies — not including the debt snowball method which can be turned on for each.
As of March 2017 we have added a place to add Bank Accounts and manage your account ledgers! (As always, NO personal information required — and we do NOT connect to your any accounts!). Enter each checking or savings account transactions manually and keep track of how much cash you have on hand! We have added a new Dashboard to keep track of your total debt, total cash, and upcoming payment reminders!
– We allow for Fixed or Variable payments.
– Monthly payment reminders in your device status bar (requires the app permission “When reboot is finished”)
– Auto backup and restore!
– Export monthly planner to .csv, file.
NOTE: There is an optional in-app purchase that will unlock (1) removing ads, (2) allow for unlimited debt, (3) allow for unlimited bank accounts, and (4) gives you access to custom monthly payments. This way you do not need to upgrade to a brand new app for more features. This small charge will support future development to this app.
HOW TO USE THIS APP:
This app is designed for those who have a basic idea of what they need to pay this month. We will determine the rest based on your options. There is no option to tell us your budget.
Rather than giving us a lump-sum payment amount, THE USER WILL DECIDE how much to pay in the first round of payments FOR EACH CARD. Not the minimums, but your actual planned payments. We will then take those numbers and make the needed adjustments as time goes on. In this way, you have greater flexibility to manage over your debt. You can play with the numbers to tweak your own plan.
NOTE: This app does not support bi-weekly payments (only monthly).
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!
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.”