A debt tracker that shows the payoff order and the finish line
Debt feels shapeless until it's written down. Once balances, rates and payments are in one list, the questions get answerable: which one first, how long, and what an extra payment actually buys you.
What you can do in FinRayan
- List each debt with balance, interest rate and monthly payment
- Compare snowball (smallest balance first) with avalanche (highest rate first)
- See a projected payoff month based on the payments you've entered
- Record payments and watch balances fall over time
- Get a written read on which order costs you least
Write down all of it, once
The first pass is uncomfortable and it is the whole job: every balance, its rate, and the payment you make. Partial lists produce plans that quietly fail, because the debt you left out is the one that ruins the month.
Snowball or avalanche, pick with numbers
Avalanche (highest interest rate first) costs the least in interest. Snowball (smallest balance first) clears accounts sooner and keeps motivation alive. Both are defensible; the right one is the one you'll actually finish.
FinRayan runs both against your own balances so the trade-off is a number rather than an argument.
What an extra payment really does
The most motivating figure in debt payoff is how much sooner you finish when you add a little to one balance. Because the projection is built from your entries, that answer is specific to your situation instead of a generic example.
Common questions
- What's the difference between snowball and avalanche?
- Snowball targets the smallest balance first for quicker wins. Avalanche targets the highest interest rate first and costs less overall. FinRayan compares both using your own balances.
- Does FinRayan give financial advice?
- No. It's a planning tool. It shows what your own numbers imply and never guarantees an outcome.
- Can I track student loans, cards and car loans together?
- Yes. Any debt with a balance, rate and payment can be tracked in the same list.
Ready to try it?
Create an account and enter your first few numbers, every figure in FinRayan comes from you.
Get started