The debt snowball calculator is a simple spreadsheet available for Microsoft Excel® and Google Sheets that helps you come up with a plan. It uses the debt roll-up approach, also known as the debt snowball, to create a payment schedule that shows how you can most effectively pay off your debts. But, if you can use a spreadsheet, you can plan to pay off your debt. Download one of these debt reduction spreadsheets and get started with your plan. Technically, these are spreadsheet templates that can be used with Microsoft Excel, OpenOffice Calc, or Google Docs.
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Vertex 42 Debt Reduction Snowball Calculator and Credit Repair Spreadsheet
You can learn something from the Debt Reduction Snowball Calculator spreadsheet from Vertex 42 when you choose between different debt reduction strategies after all your debts are entered.
How To Create A Snowball Debt Spreadsheet
This spreadsheet includes additional information about those strategies with more resources for reducing debt. Enter your information, then select the different strategies to see how each would work for paying off your debt. This spreadsheet includes a printable payment schedule.
Need help repairing your credit? Download the Debt Reduction spreadsheet, Credit Repair Edition to first pay down each credit card to specific levels determined by your FICO score. Once that goal is reached, the spreadsheet shows you how to start paying off all credit card balances.
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