- Save any number of plans.
- Enter any number of debts.
- Any type of debt including mortgages, loans, credit cards, lines
of credit, etc.
- Enter debts based upon fixed payment amounts, interest only, or
percentage of balance.
- Enter open ended debts like credit cards.
- Specify your current payment and your minimum payment and generate
schedules based on both.
- Analyze your individual debts and see what happens if you change
the payment amount or see what payment is required to pay it off in
a specific time period.
- Graph your individual debts to see a comparison between making minimum,
current or custom payments or a custom term from the analysis.
- At a glace see a summary of your current debt situation.
- See the total amount owed, what your average interest rate is and
how much of this month's payment is going to interest.
- See how much it will cost if you only make the minimum or current
payments.
- See how long it will take you to become debt free (if ever!) using
the current or minimum payments.
- Add any number of periodic extra payments to your plan and then
optionally choose to not use them to quickly see the impact.
- Create a debt reduction plan of your own or use the default DebtCalc
Method.
- Choose from Debt Reduction Schedules, Loan Consolidation Schedules
or Fixed Term Schedules.
- Optionally choose to delay the Start of your debt reduction plan
(e.g. you will Start after Christmas).
- At a glance you can see the results of your new Proposed plan and
how it compares to making the existing current or minimum payments.
- Manipulate all of the plan parameters from here as well.
- Access over a dozen professionally designed reports including schedules
of the exact payments you should make to achieve your goals.
- Professionally designed reports allow you to print and refer to
later your proposed plans, current situations and debt details.
- You can optionally save these reports for access in other programs
or for emailing.
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