Debt Payoff Tracker - Snowball & Avalanche Calculator, Debt-Free Date, Extra Payment Planner (Excel & Google Sheets)

Find your debt-free date - and see exactly how much faster you get there by paying a little extra.

NEW IN THIS VERSION: Payoff Timeline

• The exact month EACH debt is paid off - with both Snowball and Avalanche

• "What if I pay extra?" table: add $50, $100, $200... a month and see how many months sooner you are debt-free and how much interest you save (change the amounts to your own)

WHAT'S INCLUDED (2 files)

• Debt_Payoff_Tracker_EXAMPLE.xlsx - filled with sample debts so you can see how it works

• Debt_Payoff_Tracker.xlsx - blank, ready for your own debts

TABS

• Start Here - simple step-by-step guide

• Dashboard - debt-free date, months needed, total interest and total paid for both methods, progress per debt

• Payoff Timeline (NEW) - payoff month for every debt + extra-payment check

• My Debts - up to 10 debts: balance, yearly interest rate (APR), minimum payment

• Snowball Plan - smallest balance first (quick wins), month by month

• Avalanche Plan - highest interest first (saves the most money), month by month

• Payment Log - record what you really pay and watch your progress

HOW IT WORKS

1. List your debts once

2. Type the total you can pay towards debts each month

3. Compare both methods and pick the one that works for you

WORKS IN: Microsoft Excel, Google Sheets (File > Import) and Apple Numbers.

Instant download. A planning tool, not financial advice. Results are estimates (interest worked out monthly at rate / 12) - real lenders may calculate differently.

Personal use. Please do not resell or share.

Images made by me from the real spreadsheet; some design help from AI tools.