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Free Debt Reduction Snowball Calculator for Excel

I found this Debt Reduction Snowball Calculator while search for a work schedule form. This Excel template is completely free and worth downloading. Here is the description and a screenshot.

Use our free Debt Reduction Calculator to help you eliminate your credit card, auto, student loan, and other debts. Easily create a debt reduction schedule based on the popular debt snowball strategy using this free Excel spreadsheet.

The first worksheet is a simple calculator where you enter your information, choose your total monthly payment, and see a summary of the results based on the strategy you choose.

The second worksheet is a payment schedule designed for you to print so you can keep track of your progress. You can also see how the snowball increases as you pay off your debts.

A big thanks to Donald Wempe for the motivation to create this spreadsheet, and for his great ideas!

You can download this Debt Reduction Calculator by visiting Vertex42.com

April 25, 2008 | Filed Under Financial Goals, Financial Planning, Free Budget Forms 

One Response to “Free Debt Reduction Snowball Calculator for Excel”

  1. Free Debt Reduction Snowball Calculator for Excel - Learn Excel on June 23rd, 2008

    [...] Original post by Mona [...]

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