Debt Payoff Tracker Excel Google Sheets

This Debt Payoff Tracker for Excel and Google Sheets is a powerful tool designed to help you manage and eliminate your debt effectively.

**Features:**

1. **Debt Overview:** Input details for each debt, including creditor, balance, interest rate, and minimum payment, to get a complete picture of your liabilities.
2. **Payment Tracking:** Record payments made towards each debt and update balances automatically to reflect your progress.
3. **Amortization Schedule:** Visualize how each payment impacts your debt over time with an amortization table that shows principal and interest breakdowns.
4. **Payoff Strategies:** Choose between different payoff strategies, like the snowball or avalanche method, and see how they affect your total repayment time and interest costs.

This tracker helps you stay organized, motivated, and on track to becoming debt-free.