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Debt Snowball is intended as a guide and may not be 100% accurate.
Interest is now calculated in each payment. When a new payment is made, it will record how many days between each payment was made and increase the debt by the amount of interest per day.
Now get 1 day payment reminders for your debts!
The total debt and interest to be paid is estimated based upon your monthly budget. If you pay more then your minimum payment, it will decrease the amount of time of pay off and interest paid.
If no payments have been made yet on a debt, it will calculated interest by the number of days the debt was entered and the first payment. So if you made a payment the day you entered the debt, it will show as no interest gained.
To edit or delete any entries, long press on an item to bring up the context menu. Deleting a debt will delete its payments.
Future Updates to Include:
1. Different Payoff orders
Recently changed in this version:
New layout for small screens. Old layout optimized for tablets.
Added debt details that show Amortization and Details.
Some bug fixes.
Fixed some calculation errors.
Fixed some errors when values are out of range.
Added 1 day payment reminders.
Fixed some force close issues with zero values.
Fixed dialogs disappearing with bad values.