Mortgage payments, remaining debt and your budget
Your mortgage payment affects cash flow; the remaining debt affects net worth. KRONO helps put both in context without turning an overview into a financing recommendation.
KRONO AS · Updated:
Keep the property and debt separate
Record a reasoned property value and the outstanding loan as different entries. Update debt from lender statements. KRONO does not automatically value the home, and the next payment is not the remaining debt.
Budget the full running cost
Include the full mortgage payment plus service charges, utilities, insurance and maintenance reserves. Only principal reduces debt; interest is a cost. Avoid double-counting when updating transactions and balances.
A payment example
Illustration, not a real mortgage: €300 paid as €220 principal and €80 interest reduces cash by €300 and debt by €220. This payment reduces net worth by €80. Real allocations come from your lender's repayment schedule.
Use a specialist calculator
Check nominal and effective rates, term, rate-fix period where relevant, remaining debt, fees and overpayments. KRONO's documented financial forecast up to 24 months is not a verified full mortgage calculation.
Prepare for rate changes
A future rate change can alter the payment. Use current lender offers and professional advice when arranging or refinancing a loan. KRONO does not approve borrowing or predict future rates.
Country availability and pricing
Automatic bank connection is available only in Germany. Elsewhere, use manual accounts and CSV import.
Free forever: up to 3 accounts, 2 loans and 1 monthly budget. Pro: €6.99/month or €69.99/year in euro countries; App Store prices can vary by country.
Start with KRONO Free
Add your own figures and check which features fit your needs.
KRONO for iPhone (iOS) · Free: €0 · Pro: €6.99 per month or €69.99 per year in euro countries. Prices can differ by App Store country.
Automatic bank connection is currently only available in Germany. Elsewhere you add accounts manually or import transactions from a CSV file.
| Area | In KRONO | Limit |
|---|---|---|
| Net worth | Assets minus debts | Update manual values; no automatic property valuation |
| Cash flow | Income, expenses and loan payments | Only principal reduces debt |
| Forecast | Financial forecast up to 24 months; payments 7 days to 3 months | Based on your inputs, not a guarantee |
| Household | Optional private-iCloud sharing | No automatic settlement or verified Free sharing access |
| Bank connection | Germany only; manual or CSV elsewhere | Pro does not extend country availability |
More guides
- Cash flow forecast app for iPhone
- Budget apps for iPhone 2026
- Budget app without a subscription
- Budget app vs. spreadsheet for students
- Monthly budget for your first job
- Budget on €2,500 take-home pay
- Net worth app for iPhone: your whole financial picture
- Track assets, debts and net worth in one app
- Plan assets, debts and cash flow together
- Financial planning without a provider cloud
- Budget app without bank access: manual accounts and CSV
- Budgeting as a couple or family
- Plan your deposit and budget before buying a home
- Prepare your household budget for parental leave
- KRONO pricing: Free features and Pro subscriptions
- KRONO vs Finanzguru: planning or connected-account analysis?
- KRONO vs Outbank: banking and financial planning
Frequently asked questions
Does the whole payment reduce debt?
No. Only principal does; interest and fees do not.
Does KRONO replace my lender's mortgage calculator?
No. Use the lender's schedule and a suitable specialist calculator.
Are bank connections available everywhere?
No. KRONO bank connectivity is available only in Germany.