
Annual Report
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The Debt Payoff Planner template is for planning how to clear several debts. The Debts tab lists each balance, interest rate and minimum payment with a payoff order, the Payments tab logs what you pay and which debt it goes towards, and the dashboard shows the total paid and what is still owed.
It comes with sample data. Make a copy, replace the sample rows with your own, and the formulas, dropdowns and charts update on their own.
Click Make a copy in Google Sheets, then confirm on the Google page. The copy is saved to your own Google Drive.
Start on the Debts tab: replace the sample rows with your own.
Keep the formula columns as they are; they fill in as you type.
Read the How to use tab for tips. For Excel, download the .xlsx file instead.
Yes. The template is free to copy. Make a copy in Google Sheets, or download the Excel file and use it as you like.
Yes. Download the .xlsx file from this page and open it in Excel. The formulas, dropdowns and chart work the same way as in Google Sheets.
The snowball method pays off the smallest balance first. The avalanche method pays the highest interest rate first. Both pay the minimum on the other debts, and either works if you keep paying.

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