Your Debt Payoff Goal

Goals → Debt Payoff Goal is where you decide what your debt payoff really looks like. Set the Extra per month you can honestly commit to — that number is saved, and every projection in the app carries it. Counting the cost before you commit is part of stewardship, and this is a room built for exactly that.

The goal persists; the experimenting doesn’t. Switching strategies or dragging a custom order costs nothing and resets when you reload — which is what makes it safe to try the aggressive version before you mean it. Your saved extra, your snowball, and the payments already on your calendar stay put through all of it.

The Snowball amount is the minimums freed by debts you’ve already paid off. It starts rolling the month after each payoff — in the payoff month itself that money was still finishing the debt — and it is counted in every projection automatically. Payments you’ve scheduled in future budgets are modelled too, in the months they actually land.

The four strategies

• Snowball — smallest balance first. Costs a little more; clears a whole debt soonest, which is the one that keeps people going.
• Avalanche — highest rate first. Usually the cheapest in total interest.
• Cash-Flow — whatever frees up the most monthly room soonest. Often the most expensive overall, and the right answer when the month is too tight to breathe.
• Custom — your order, for when you have a reason the math does not know about.

There is rarely one right answer. Avalanche wins on arithmetic; the best plan is the one you will still be doing in a year. Steady beats clever.

Where the goal shows up

The Budget’s Debt tab runs your full goal — the extra, the snowball, and your scheduled payments — and each month it measures what the month actually sends against the goal, in green or in red. Your dashboard’s debt-free date runs your saved extra on the Snowball order; folding the snowball and scheduled payments into that date too is on our list, and until it lands the Debt tab’s banner is the fuller number. (Keeping adifferent strategy as a saved setting isn’t something the app can do yet; we would rather tell you that plainly.)

The Debt Payment Schedule at the bottom shows every payment to every debt, month by month, until the last one is gone — and exports as CSV if you want it outside the app. See What we hold about you for what else can and cannot leave.