Debts

Debts tracks your outstanding liabilities — personal loans, car loans, credit cards. Each payment reduces the outstanding balance and feeds into your Debt Service Ratio.

Debts screen showing outstanding balances and DSR

Debts screen showing outstanding balances and DSR

category Debt Types

add_circle Adding a Debt

Go to Settings → Finance Tools → Debts and tap +. Enter the lender name, total outstanding balance, monthly instalment, and debt type. The monthly instalment is used to calculate your DSR and is deducted from your financial capacity.

payments Recording a Payment

Open a debt and tap "Record Payment". Enter the amount paid. This creates a structured expense transaction and reduces the outstanding balance accordingly.

percent DSR — Debt Service Ratio

Your DSR is calculated as: Total Monthly Debt Instalments ÷ Gross Monthly Income × 100%. Use the table below as a reference for where you stand.

DSR Range Status
Below 30% Healthy
30 – 40% Moderate
40 – 60% Elevated — banks may be cautious
Above 60% High — financial stress zone

done_all Debt Payoff

When an outstanding balance reaches zero, the debt is marked as fully paid. Fully paid debts are excluded from capacity calculations and DSR. They remain visible in history for your records.

info

Debts affect two things simultaneously: the monthly instalment reduces your financial capacity, and the outstanding balance is a liability in your net worth calculation.