FPlanner is a CoffeeScript tool to prioritise and calculate debt payments and work out your debt-free date.
npm install
Please modify config.coffee to suit your requirements.
Set start
to the date to start from (next payday, for instance), and frequency
to weekly
, fortnightly
or monthly
. All amounts are assumed to be available or due on these dates.
Each catgeory can take an unlimited number of rows, for best results enter your income, expenditure and debts in as much detail as possible.
Minimum payments on loans can either be specified by a minimum
amount, or also by a minPercentage
of the outstanding amount. If you specify a minPercentage
, the greater of the two amounts will be assumed to be the minimum payment.
npm start
A plan of payments will be displayed under Payment Plan
, e.g.
2016-06-01 Student Loan $182.50 ($6817.50), Credit Card $62.50 ($2437.50)
This is the date to pay, followed by a list of payments to make, with the resulting balance in brackets. Debts are prioritised by a weighting factor depending on their interest rates and amounts.
This software is provided as-is, without any guarantee of accuracy or fitness for any particular purpose. You should consult a registered accountant or qualified financial advisor regarding any financial plan.