Enter your debts once. Get a complete payoff plan automatically.
Downloads an .xlsx file — open in Excel or upload to Google Sheets via File → Import.
5-tab template
The only tab you need to fill in. Enter your debts, extra payment, and choose your strategy (Snowball or Avalanche). The dropdown in cell E4 controls how all other tabs sort.
Paste in your payoff order and projected dates from the free calculator. Summary box shows total debt, minimums, and strategy selected from Tab 1.
120 rows (10 years) for recording actual payments. Log the date, amount, principal/interest split, and remaining balance each month. Running totals auto-calculate.
Side-by-side comparison table. Enter the results from the calculator for both strategies — total interest, time to payoff, first debt paid off date. Difference column auto-calculates.
Step-by-step guide, formula explanations, and links back to noslavetodebt.com. Reference if you get stuck or share the template with a friend.
How it works
Click the button below to download the .xlsx file to your device.
In Excel: open directly. In Google Sheets: go to File → Import → Upload, then select the downloaded file. Click 'Replace spreadsheet'.
Fill in debt name, lender, balance, interest rate, and minimum payment for each debt. Select your strategy in the dropdown at E4.
After each payment, record the date, amount, and split. The totals row at the bottom tracks your cumulative progress.
Want to see your plan before filling in the spreadsheet? Use the free calculator first →
Built in
The spreadsheet includes a dedicated comparison tab. Enter the results from both calculator runs and the difference column fills in automatically.
| ❄ Snowball | 📉 Avalanche | |
|---|---|---|
| Prioritizes | Smallest balance | Highest interest rate |
| Motivation | Quick wins — first payoff faster | Maximum savings over time |
| Best for | Those who need momentum | Math-focused, disciplined payoff |
| Interest saved | Good | Better (sometimes significantly) |
Read the full guide: Snowball vs. Avalanche — Which Saves More Money? →
FAQ
Yes — 100% free, no email required. Click the download button and open in Google Sheets via File → Import. No signup, no account, no subscription.
Yes. The file downloads as .xlsx — the standard Excel format. It opens without errors in Excel 2016+, Excel 365, LibreOffice Calc, and Numbers. All formulas use standard functions compatible across spreadsheet apps.
The Setup tab has rows for 15 debts. The Payoff Plan tab has rows for 15 debts in your payoff order. The Monthly Payment Log has 120 rows — 10 years of monthly tracking. If you have more than 15 debts, simply add rows in the Setup tab.
No — this is a simple, offline spreadsheet with no connections to any bank or financial institution. All data stays on your device. There are no macros, no scripts, and no external connections. You enter your numbers manually.
Prefer to track on paper?
Download the free printable PDF planner — 9 pages, no account required.
Prefer no downloads? My Debt Tracker works entirely in your browser — log payments, track balances, no file needed.
Open Tracker →Filling in the strategy tab? See snowball vs. avalanche compared — the math, the psychology, and which to choose for your debt mix.
Snowball vs. Avalanche →Wondering if you should consolidate before tracking? See debt consolidation vs. payoff strategy — the math on whether a lower rate changes your plan.
Consolidation vs. Payoff →Debating a 0% card vs. personal loan to lower your rate? See balance transfer vs. personal loan — cost, risk, and which wins for your balance size.
Compare Options →Deciding how much to put in the extra payment column? See the minimum vs. extra payment math — exact scenarios showing what each dollar amount saves.
Minimum vs. Extra →Want something simpler than a spreadsheet? Print the free debt payoff worksheet — one page, debt list, and a 12-month payment tracker. No formulas required.
Print Worksheet →Spreadsheet users know their rates — consider cutting them. Compare the top 0% balance transfer cards — the right card can eliminate interest for 15–21 months while you pay down the principal.
Compare Cards →Spreadsheet shows your numbers — but which debt order is right? See the Dave Ramsey snowball vs. avalanche comparison — then plug the right payoff order into your spreadsheet.
Snowball vs. Avalanche →Numbers are one thing — seeing real timelines is another. Read real debt payoff stories — how others used spreadsheets and strategies to get to zero.
Read Stories →Want strategy guides to go with your spreadsheet? Browse the debt payoff blog — breakdowns on snowball vs. avalanche, consolidation, and how to accelerate payoff.
Read the Blog →Not sure what minimum payment, interest rate, or amortization means? Browse the debt payoff glossary— plain-English definitions for every term you'll fill into the spreadsheet.
Debt Glossary →