Debt Reduction Calculator

Debt Reduction CalculatorUse 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 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.