My first iOS app, Debtor, is now available for free on the App Store! At this time it’s for iPhone only. View it in iTunes here.
I came up with the idea for Debtor when I was working on my household budget, and I wanted to calculate how much money I should set aside for credit card bills. The goal is always to pay them off as soon as possible- but how much can I save by paying them off sooner, and how much money does it really cost to pay off a balance of, for example, $5000? With an APR of 11%, and a monthly payment of $300, Debtor will calculate that you will pay $460.65 in interest, for a total of $5460.65.
This is just the beginning, version 1.0. I am currently working on an update, which will add features and fix bugs, so keep an eye out for that in the coming weeks.
