Debt Reduction Calculator.xlsx

	A	B	C	D	E	F	G	I
1	Debt Reduction Calculator							Strategies
2	http://www.vertex42.com/Calculators/debt-reduction-calculator.html						© 2007-2026 Vertex42 LLC	Snowball (Lowest Balance First)
3								Avalanche (Highest Interest First)
4		Balance Date:	7/27/2026					Order Entered In Table
5								No Snowball
6		Creditor Information Table						Custom - Highest First
7	Row	Creditor	Balance	Rate	Payment	Custom	Interest-only	Custom - Lowest First
8	1	House	177,000.00	7.50%	1,318.00		1,106.25
9	2						-
10	3						-	Instructions
11	4						-	See the Help worksheet
12	5						-
13	6						-	To list more creditors, you can get the
14	7						-	extended version available on the Debt
15	8						-	Reduction Calculator web page.
16	9						-
17	10						-
18	11						-
19	12						-
20	13						-
21	14						-
22	15						-
23	16						-
24	17						-
25	18						-
26	19						-
27	20						-
28	Totals:		177,000.00		1,318.00
29				Extra Per Month	400
30		Monthly Payment	1,718.00	.
31		Initial Snowball	400.00
32
33		Strategy:	Snowball (Lowest Balance First)			← Choose a strategy
34						1
35		Creditors in	Original	Interest	Months to	Month Paid
36		Chosen Order	Balance	Paid	Pay Off	Off
37		House	177,000.00	107,726.15	#N/A	#N/A	.
38			-	-	-		.
39			-	-	-		.
40			-	-	-		.
41			-	-	-		.
42			-	-	-		.
43			-	-	-		.
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45			-	-	-		.
46			-	-	-		.
47			-	-	-		.
48			-	-	-		.
49			-	-	-		.
50			-	-	-		.
51			-	-	-		.
52			-	-	-		.
53			-	-	-		.
54			-	-	-		.
55			-	-	-		.
56			-	-	-
57			Total Interest Paid:	107,726.15	(Lower is Better)
58				Results are only estimates
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