About this template
Paying off debt is easier when you can see the finish line. Enter your balances, interest rates, and minimum payments, and this tracker builds a month-by-month payoff plan using the Debt Snowball (smallest balance first) or Debt Avalanche (highest interest first) method. Add an extra monthly payment and watch your debt-free date move closer.
What’s included
- Debt Snowball and Debt Avalanche calculators
- Month-by-month payoff schedule
- Payoff progress chart and debt-free countdown
- Payment log to record every payment
- Quick-start guide tab
Key features
- Automatically calculates interest saved
- Color-coded progress bars for each debt
- Works for credit cards, car loans, student loans, and more
- Printable summary page
Perfect for
Anyone who wants a clear, motivating plan to pay off credit cards, loans, or medical bills.
How to get started
- Complete checkout. Your download link appears instantly and is emailed to you.
- Open the .xlsx file in Excel, or use the included link to make your own Google Sheets copy.
- Read the Start Here tab, then type your information into the colored cells.
