Meridian Ledger

Meridian Ledger helps you model how an existing debt payment could look when the same monthly budget is split into two dated parts. Enter one current obligation with its starting balance, fixed annual rate, regular monthly payment, normal payment day, and forecast start month. Then compare two schedules: one payment on the usual date versus an earlier first part plus the remaining amount on the usual date. The app uses a transparent simple daily interest model based on actual days and a 365-day divisor. Payments cover accrued interest first, then reduce principal. Unpaid interest is tracked separately without capitalization. Fees, penalties, rate changes, and lender-specific contract rules are not included. You can view forecast interest, total paid amount, projected closing date when available, differences between the two options, balance charts with text descriptions, and a month-by-month plan calendar. Calendar events can be manually marked as done, but marks do not change the forecast and are not bank transactions. Saved comparisons keep a snapshot of the original inputs and both results. You can search saved snapshots, reopen details, delete them with confirmation, or copy a snapshot back into a new calculation. Meridian Ledger works offline. It does not make network calls, use remote data, require registration, contact creditors, submit applications, issue loans, approve credit, or convert currencies. An optional camera action can attach a local photo of a paper note to a debt; the image stays in the app’s private storage and is not used for calculations.