Payoff Path turns a saved Debt Sequencer scenario into a month-by-month tracking view. Open Debts → Payoff Path, start from an eligible saved scenario, and use the path to compare its Modeled schedule with Actual balances as time passes.
How Liabilities, Debt Sequencer, and Payoff Path Fit Together
The workflow has three separate jobs:
- Liabilities is the factual debt inventory. It stores each tracked obligation, current balance, balance history, rate, term, and payment facts.
- Debt Sequencer is the modeling workspace. It can start from Liabilities records or manual entries, then compare cash flow first, APR first, balance first, custom order, and optional whole life banking paths with Modeled output.
- Payoff Path is the operating plan after a scenario is selected. It keeps the starting scenario as the immutable Modeled baseline, then records Actual balances and payments against each month.
An advisor can build a Debt Sequencer scenario for a linked client and send it to the client's account. The client reviews the handoff in Payoff Path and chooses whether to accept it. Opening the shared view or printable view does not accept it.
Accepting opens a reconciliation step first. It discloses how many debts from the plan will be added to the client's Liabilities, then lets the client link each debt to an existing tracked liability or add it new. When a linked liability's recorded balance differs from the advisor's plan, the client chooses which balance carries forward — keeping the recorded balance or using the advisor's plan balance are equal-weight choices. Accept and Add to Payoff Path then creates the client-owned Payoff Path from that scenario version, using those choices.
Until setup is complete, the Payoff Path detail page shows a Getting set up checklist for anything still open — debts linked, balances confirmed, a funding source linked (when the plan uses whole life banking), and the first month recorded. The checklist disappears once every applicable item is met.
What the Path Shows
- This month identifies the current period, next Planned action, and next Modeled milestone
- Payoff Grid carries each external obligation across the timeline until its Modeled clearing month
- Every modeled balance is labeled Modeled; entering a recorded balance changes that point to Actual
- Months after an Actual entry re-project from that recorded value without rewriting earlier months
- Outlook & where the money goes summarizes the modeled sequence and cash-flow routing
Record What Happened
Select a month or modeled balance to enter what actually happened. The path preserves the original plan and re-projects later months from the new Actual point. Close Month records that the current period is complete; it does not move money or create a carrier transaction.
Recast from a Tracked Liability
When a liability is tracked by an active Payoff Path, editing that liability's balance in Liabilities can show how the new balance changes the debt-free date. From that modal, choose Update position only to save the liability balance without changing the path, or Update & recast plan to record the new balance into the active Payoff Path and re-project later months from that Actual point.
Recast does not rewrite the original scenario, historical Actual months, or closed-period history. It records the current position and updates the forward view from there.
Optional Policy Link
Link a policy selects the primary policy displayed beside the path and shows household Available CV next to the Modeled plan. Linking is display-only: it does not change the scenario, re-run the Debt Sequencer, or create a policy loan.
Payoff Path is a Builder Pro surface for saved Debt Sequencer scenarios. If Debts → Payoff Path is not visible, your plan does not have access in that environment. It is a tracking and visualization surface, not a recommendation or financial plan.