Dealing with debt is never easy, and it can be especially difficult to create a sustainable financial plan when you have to take into consideration variables such as interest rates or additional monthly fees.

Debt Calcz is a useful OS X app that can come to your rescue, as it is designed to help you calculate how many payments would be necessary to take care of your debt in a specified amount of time, as well as get an idea of how long it would take if you already know how much you can afford to play every month.

It is no secret that many of us have problems understanding the specialized terminology often used in financial documents, and trying to perform calculations yourself while attempting to figure them all out could put you in more trouble than you started out with.

Fortunately, Debt Calcz manages to keep things very simple, as you only have to input the total debt amount, interest rate and extra monthly fees, in addition to the desired monthly payment or number of months to payoff.

If you want to know how much money you would have to pay each month in order to get rid of your debt in a specified period, you can insert the debt amount, interest rate, fees and desired number of months.

However, if you have a fixed monthly budget and can only afford to part with a certain amount, the app can also let you know how long it would take to get the job done using the specified monthly payment.

Debt Calcz is not a complex app, but it can be very useful for those who need a straightforward method of calculating monthly payments using a series of available parameters. It is very easy-to-understand, as its functions are self-explanatory and should be accessible even to those who have no knowledge of financial terminology.