Debt Reduction Calculator EXCEL Templates

Certainly! Here's a simple Debt Reduction Calculator Excel template that you can use to manage and track your debt repayment progress.

You can input your debts, interest rates, and monthly payments, and the calculator will help you visualize your debt reduction journey.

[Download Debt Reduction Calculator Excel Template](sandbox:/files/Debt_Reduction_Calculator_Template.xlsx)

Instructions:

1. Open the Excel file and go to the "Debt Details" tab.

2. Input your debts, including the name, outstanding balance, interest rate, and minimum monthly payment.

3. Go to the "Calculator" tab to view the calculated debt reduction plan.

Note: Always consult with a financial advisor or expert before making significant financial decisions. This template is a tool to assist with debt reduction, but it may not account for all possible scenarios or individual financial situations.

Feel free to customize this template further to suit your specific needs.