Pay Down: Credit Card Payoff
That $50 dinner on your credit card? If you carry the balance eight months at 24% APR, you paid $58. Most finance apps show you $50. Pay Down shows you $58. Every purchase has a sticker price — and a real price. The real price is the sticker price plus the interest that accrues until you pay it off. Pay Down calculates and tracks that number for every transaction, on every card. What you get • See the real cost o…
Pay Down: Credit Card Payoff Screenshots
Official app screenshots from the Google Play Store.
About Pay Down: Credit Card Payoff
That $50 dinner on your credit card? If you carry the balance eight months at 24% APR, you paid $58. Most finance apps show you $50. Pay Down shows you $58. Every purchase has a sticker price — and a real price. The real price is the sticker price plus the interest that accrues until you pay it off. Pay Down calculates and tracks that number for every transaction, on every card. What you get • See the real cost of every purchase — the original amount plus its allocated interest • Know your debt-free date based on your actual payment pace • Model what happens when you pay $50 more per month (or $200) • Compare payoff strategies: avalanche, snowball, or cut spending • Track progress as your balances actually move • Deep spending Insights — true cost multiplier, category and merchant breakdowns, and effective APR trends across your cards (premium) • Four free calculators: True Cost, Balance Transfer, HELOC/Loan Payoff, and Minimum Payment Trap • Import transactions automatically via Plaid (premium) or from a CSV export from your bank (free) • Monthly AI spending and goal review email (premium) • Card sharing with your partner — included in one premium subsc…