The debt details screen shows you the breakdown of your recent payments, the principal and interest of each payment, and the running balance. It also shows you the minimum payment and interest rate details.
To view more details about a particular debt:
- Click on a debt in the list.
Under the tab labeled Schedule you'll see a list of future payment dates. For each date, there is an associated payment amount which is then broken down by principal and interest. The projected balance is on the right. If you don't see these details, you may need to manually enter information like minimum payments and due dates.
As you scroll through the future payment dates, you may see the payment amounts start to increase. This is a reflection of the snowball method at work.
To view or update your minimum payment or interest rate:
- Select a debt from the debt list.
- Click the tab labeled Details.
- Click the figure for monthly payment or interest rate and enter a new number.
To learn more about the Debts tool, watch the quick clip here.
Disclaimer: The functionality of this software varies depending on which financial institution you use. Not all content in this help center will apply to your experience.