What changed, and when
Rates and minimum-payment rules change, and we fix things. Every change that can affect a figure on this site is dated here with its reason and, where relevant, its source.
If you worked something out before a change listed here, you can tell whether it’s affected. Entries are newest first. Anything that changes a figure, a rate or a formula appears below.
Ten new calculators: credit card payoff, credit card interest, debt snowball, debt avalanche, balance transfer, loan payoff, car loan payoff (with bi-weekly and settlement estimates), debt-to-income ratio, credit utilization and UK student loan repayment. Each is documented on the methodology page and tested against engine-computed worked examples. Methodology
First release of the debt calculators: avalanche vs snowball payoff, credit card minimum payments and debt consolidation. Each is tested against the worked examples in our specification.
Found something wrong?
Email errors@debtwren.com with the calculator, the inputs you used and what you expected. Corrections are listed here with the date they were made. You can also read how the calculations work.