Thank you for the suggestion. This sounds like something that is already available on the My Bills page. When you create a Bill, click the "more options" link and you'll see a field titled "Total Due (optional)". If you enter in a value here, we can calculate how long it will take to payoff the debt based on your monthly allocation. Once entered, you'll see a calculator icon next to that Bill on the monthly forecast. If you click that, you'll see a breakdown by date of when the debt will be paid off. Additionally, if you have a credit card or loan setup in your Bills, you'll see a calculator already since your Total Due is then based off of the amount you owe. You can then enter in an interest rate on the My Accounts page and that will get calculated into the payoff amount. Please let us know if this is inline with what you were thinking of.
02/18/2009 01:28:21
Marlo
User
Debt Snowball
Can you make an application especifically for all the debts that needs to be paid off in a specified time. It's kinda like a table where you can put the description of debt, the starting balance, the remaining balance, the rate, the minimum payment and the payoff date. This idea is from Dave Ramsey's website. It's actually a really good plan if you wanted to pay off your debts. It costs about $89.95 per year just to subscribe and I think it's a ripped off. If you can add this on your application I would really appreciate it. Thanks
