PayDown creates a step-by-step plan to pay off your debts using the Snowball or Avalanche method. Track every payment and watch your balances drop to zero.
Free to download. No account. No bank connection.
No bank login. No credit check. Just a clear plan.
Add each debt with its balance, interest rate, and minimum payment. Credit cards, loans, student debt — anything.
Tell PayDown how much you can pay each month. The app calculates exactly where every dollar goes.
Log payments, track progress, and watch your debt-free date get closer with every payment you make.
Choose the strategy that fits your psychology.
Pay off the smallest debt first for quick wins and momentum. Each debt you eliminate frees up cash for the next one.
Attack the highest interest rate first to save the most money over time. Mathematically optimal for total interest paid.
Simple tools to stay on track and stay motivated.
See exactly when you'll be debt-free based on your current plan. Update as you go and watch the date move closer.
Compare Snowball vs. Avalanche to see how much interest each method saves. Make an informed choice.
Record each payment you make. PayDown recalculates your plan instantly, keeping projections accurate.
Your financial data stays on your device. No accounts, no bank connections, no cloud sync. Just you and your plan.
Track up to 3 debts free. Unlock everything with Pro.
$2.08/month, save 48%
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Subscriptions auto-renew. Cancel anytime in Settings > Subscriptions.
PayDown is not a financial advisor, lender, or financial institution. Payoff projections are estimates based on information you enter and are for informational purposes only. Consult a qualified financial professional before making significant financial decisions.
Three minutes to set up. A clear path to zero.