Set your monthly payoff target

Your payoff target is the total amount you commit to paying toward debt each month. To set it, open the Plan tab and find the Payoff Target section. Enter the amount, optionally set a start date, and save. ClarityTrack uses it to track whether you are ahead, on target, or behind month over month.

How to do it

1. From the Dashboard, click the Plan tab.
2. Find the Payoff Target section.
3. Enter the monthly amount you commit to pay toward debt.
4. Optional: set a start date if you want the target to take effect later.
5. Click Save.

How the target is used

• Every month, ClarityTrack compares your actual payments against the prorated target.
• The Above the Line / Below the Line indicator on the Dashboard shows where you stand for the current period.
• Projections to your debt-free date assume you hit the target consistently.
• Clarity uses the target when answering questions like "am I on track?"

Common questions

What is a reasonable target?

A practical floor is the sum of your minimum payments across all debts. Above that, anything extra accelerates payoff. A common framing is to set the target at "all minimums + an extra round-number amount" (e.g., $1,500 in minimums + $500 extra = $2,000 target).

Can I change the target later?

Yes. Update it any time. The new target takes effect from the date you set, or from today if no start date is set.

What happens if I miss the target one month?

Nothing breaks. The Above / Below indicator just shows you slipped for that period. Future months recalculate as you log payments. The projected debt-free date adjusts based on your trailing 3-month pace.

Can Clarity help me figure out the right target?

Yes. Ask Clarity something like "what monthly target would pay off my debts in 3 years?" Clarity will run the math and propose an amount.