Payoff is a debt payoff planner for Android and iOS with seven payoff strategies, AI coaching, and a savings planner. Users add debts manually; Payoff says the app does not need bank access or bank logins. The free plan covers two debts, Snowball and Avalanche strategies, five AI Coach messages per month, payment reminders, and milestone celebrations. Premium costs £49.99/yr and adds unlimited debts, all seven strategies, unlimited AI coaching, What-If scenarios, Focus Mode, Smart Import, a savings and investment planner, and CSV import and export. What-If scenarios update projected debt-free dates and interest savings as extra monthly payments change. Household costs £79.99/yr and adds two accounts, Partner Mode, split payment tracking, and a shared AI coach. The app supports nine listed languages and multiple currencies. Financial data is stored locally, with optional syncing to Supabase hosted on AWS. Payoff says AI Coach provides general information, not professional financial, tax, legal, or investment advice. Its website invites visitors to join a waitlist for launch.
Who it is for
Payoff may suit people who want to enter and track debts without connecting bank accounts, then compare payoff strategies and payment scenarios. Household is aimed at partners who want to share debts, contributions, and AI coaching.
What is good
- No bank access or logins are needed.
- Offers seven payoff strategies.
- What-If scenarios update dates and interest savings.
- Supports nine languages and multiple currencies.
- Household includes partner sharing and split tracking.
What to know first
- Free plan covers only two debts.
- Free plan limits AI coaching to five messages monthly.
- AI Coach is not professional financial or tax advice.
- Website invites visitors to join a launch waitlist.
Verdict
Payoff combines manual debt tracking with strategy comparisons, scenarios, and coaching, with Household tools for partners. Its website currently invites visitors to join a waitlist, and its AI coaching is general information rather than professional advice.
Payoff plans and pricing
All plansCompared on debt management software
- Free plan
- Yes
- Payoff strategies
- both
- Balance tracking
- Yes
- Creditor tracking
- Yes
- Counselor workspace
- No
- Mobile apps
- Yes
