Debt Payoff Tracker

Debt payoff tracker spreadsheet: list your debts once and get a month-by-month payoff plan with the snowball or avalanche method, your debt-free date, the interest you save, and a payment log with a progress bar for every debt.

WHAT IT DOES

• Your debts: up to 15 debts with balance, interest rate (APR) and minimum payment. Credit cards, store cards, car loans, student loans, personal loans, medical bills
• Pick a method: Snowball (smallest balance first), Avalanche (highest interest rate first) or Custom (your own order)
• Rollover built in: your monthly budget (all minimums plus your extra amount) stays the same, so every paid-off debt's payment rolls into the next one
• Dashboard: total debt, months to debt-free, your debt-free date and the interest you will pay
• Compare: snowball, avalanche and custom side by side, plus paying only the minimums, with how much each method saves
• Each debt: pay-off order, the month it will be paid off, what you have paid so far, the balance now and a progress bar
• Payment log: record each payment and any interest or fees from your statement, and the balances update by themselves
• Chart: total left to pay under your plan vs minimums only
• Full month-by-month plan for each method, up to 30 years. Works in any currency

WHAT YOU GET

• Debt-Payoff-Tracker.xlsx (blank)
• Debt-Payoff-Tracker-with-Sample-Data.xlsx (a filled-in example: 6 debts, two months of payments)
• Quick-start guide (PDF)

HOW YOU GET IT

Digital download. After checkout you get a download page right away, plus a receipt by email. Nothing is shipped.

COMPATIBILITY

• Microsoft Excel 2016 or newer (Windows or Mac) and Excel for the web
• Google Sheets: upload the .xlsx to Google Drive, open it, then File > Save as Google Sheets
• Needs a computer or tablet with a spreadsheet app. This is not an app or a printable planner

PLEASE NOTE

Interest is worked out monthly (APR divided by 12) and rounded to the cent, so the plan is close to your statements but not exact. A planning tool, not financial advice. For personal use; please don't resell or share the files.

DISCLAIMER

This template is a planning tool and does not replace advice from a qualified or licensed professional (such as an accountant, financial advisor or lawyer). Check the results before you rely on them.

HOW IT WAS MADE

Designed by VARS Digital with AI-assisted tools. Every formula is checked before release, and the sample file shows each tab working.

QUESTIONS

Email varsdigitals@gmail.com and we'll help you get set up.