Your Personal Debt
Repayment Calculator &
Payment Schedule Sheet


Our Personal Debt Repayment Calculator & Payment Schedule for Excel or Google Sheets
is fully customizable and helps you to design your perfect financial Debt Free lifestyle.
You take charge of how you repay your debt and which repayment strategy to utilize.

Get Debt Free Now!

Your Personal Debt Repayment Calculator & Payment Schedule Sheet


Our Personal Debt Repayment Calculator & Payment Schedule for Excel or Google Sheets is fully customizable and helps you to design your perfect financial Debt Free lifestyle.
You take charge of how you repay your debt and which repayment strategy to utilize.

Get Debt Free Now!

DOWNLOAD FOR FREE!

1. 20 Creditors List Table


This table gives you the option to customize and input 20 different creditors for your debt repayment strategy. Regardless of whether the creditor is an institution, private lender or family member you will be able to add them to this sheet.


2. Total / Starting Balance Owing


This customizable column lets you enter your total outstanding balance or any starting balance that you prefer to record for each creditor. This column affects the total Payment Schedule Sheet.


3. Monthly Interest Rate


This column allows you to enter your current interest rate for each creditor, it's formatted as a percentage. This affects your Payment Schedule Sheet.


4. 6 Repayment Strategies


Our calculator gives you 6 repayment strategies from the drop-down option in the credit debt repayment table. They are as follows:

Snowball Method. This is a debt reduction strategy where you pay off debts in order of smallest to largest, gaining momentum as you pay off each balance. When the smallest debt is paid in full, your money rolls over to paying the debt of the next smallest balance.


Avalanche Method. A debt avalanche is a type of accelerated debt repayment plan. Essentially, a debtor allocates enough money to make the minimum payment on each source of debt, then devotes any remaining repayment funds to the debt with the highest interest rate.


Order As Entered. This strategy sorts repayment based on the priority in which you entered your creditor in the table and does not take into account interest rates or balances.


No Snowball. This strategy sorts repayment based on the priority in which you entered your creditor in the table and does not consider interest rates or balances. This option does not allow you to enter any snowball amounts in the future of your repayment schedule.


Custom (Highest first). This strategy sorts repayment by targeting the highest balance first and moves onto the other debt only after this one is completely repaid. Your monthly minimum payment must still be paid for all debts that require it.


Custom (Lowest First). This strategy sorts repayment by targeting the lowest balance first and moves onto the other debt only after this one is completely repaid. Your monthly minimum payment must still be paid for all debts that require it.


5.Projected Completion Date


These two columns, Months to Pay Off and Month Paid Off give you the total number of months it will take to pay off the debt and provides you with a month and year of when the debt will be finally paid off.


6.Snowball Strategy Growth Chart


This is a graph that allows you to visualize your debt repayment schedule in a graph format from your first payment to final payment for your total outstanding debts. 


Complete Detailed Payment Schedule 

This provides you with a detailed schedule for each creditor's debt repayment until the debt is fully paid regardless of imputed timeframe. You are able to visually see the debt as it decreases over time and until you achieve your financial goal of being debt-free.