The Debt tracker is where you record what you owe. Like Assets, it sits next to the budget — debt accounts are places, not categories. The tracker feeds the net-worth view and powers debt-payoff goals in the Lab.
Open it
Go to Debt in the main nav.
Add a debt account
- Tap Add Account.
- Pick a type: credit card, student loan, auto, mortgage, RV, personal, other.
- Enter:
- Name (e.g., "Chase Sapphire") and lender.
- Original balance — the balance when you took it on (or when you started tracking).
- Current balance and valuation date.
- APR — the interest rate.
- Minimum payment and payment frequency.
- Due day of the month.
- Escrow amount — for mortgages with escrow.
- Save.
Update a balance
Debts don't auto-sync. Update balances when you make a payment, or on a monthly cadence — whichever fits how you work. Open the account, change Current balance and Valuation date, save.
On mobile, opt into the monthly update reminder under Settings > Notifications.
Mark a debt paid off
When you hit zero, mark the debt paid off instead of deleting it. Paid-off debts stop counting toward the totals, but they stay in the record — useful for celebration and for the historical net-worth chart.
Linking transactions
When you log a payment toward a debt, link the transaction to the matching debt account. The account's balance is automatically reduced by the payment amount as transactions land.
Net worth
Total debt is summed and subtracted from total assets in the Lab's Net worth view. As you pay debt down, the gap closes — that's the chart you want to see climbing.
Goals
Set a debt-payoff goal to track a specific debt against a target date — e.g., "Chase Sapphire to $0 by December 1." The goal opens to a live trajectory chart with what-if sliders for monthly contribution and target horizon. See Lab — Goals.
Mortgages and escrow
Mortgages have a couple of quirks:
- The principal balance is what counts toward net worth — not the full payment.
- Escrow (taxes and insurance) goes out, but it's a budget category, not a debt reduction.
Track the principal in the Debt tracker; track escrow as a recurring expense category in the budget.
Related
- Assets and savings — what you own.
- Lab — Goals — for debt-payoff goals on top of these accounts.
- Hank — ask "list my debts" and Hank will summarize them.