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The title slide and first slides of the Credit Card Payoff Calculator template

Credit Card Payoff Calculator

Spreadsheet template for Google Sheets and Excel

Make a copy in Google Sheets
Price
Free
Slides
4
Style
Modern
Difficulty
Beginner
Updated
November 6, 2026

Every slide (4)

Overview

This template helps you plan how to pay off credit card debt. The Cards tab holds one row per card, with its balance, APR and the monthly payment you can make. It calculates the months to clear each card and the interest you will pay on the way.

The Dashboard totals what you owe, your monthly payments and the interest still to come, and compares the cards side by side. The Payments tab is a simple log of what you have paid, so you can see progress over time.

It comes with sample data. Make a copy, then replace the sample rows with your own cards. Formulas, dropdowns and charts update on their own.

Useful for

  • Planning a payoff schedule for several cards at once
  • Seeing how much an extra payment would save in interest
  • Tracking progress against debt each month

What's included

  • 4 tabs: Dashboard, Cards, Payments, How to use
  • Dashboard: a dashboard with 5 summary figures
  • Cards: a table
  • Payments: a table
  • 1 chart that update as you type
  • Formulas, dropdowns and colour rules already set up
  • Sample rows that show how to fill it in

How to use it

  1. 1

    Click Make a copy in Google Sheets, then confirm on the Google page. The copy is saved to your own Google Drive.

  2. 2

    Start on the Cards tab: replace the sample rows with your own.

  3. 3

    Keep the formula columns as they are; they fill in as you type.

  4. 4

    Read the How to use tab for tips. For Excel, download the .xlsx file instead.

What you need

Requirements

  • A Google account, or Microsoft Excel for the download

Works with

  • Google Sheets
  • Microsoft Excel (download the .xlsx)

Questions

Is this Credit Card Payoff Calculator template free?

Yes. Download the template and use it in Google Sheets or Excel at no cost.

Does it work in Excel?

Yes. Download the .xlsx file to open it in Excel. The formulas, dropdowns and charts work in both Excel and Google Sheets.

Are the months and interest figures exact?

They are estimates. They assume you pay the same amount each month and that the APR stays the same. Your card issuer's figures may differ slightly.

  • #debt-payoff
  • #credit-card-payoff
  • #google-sheets
  • #excel
  • #spreadsheet-template
  • #free-template

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