Loan Repayment Calculator
The loan repayment calculator is available in two versions:
- Excel – by clicking the link below, an Excel file will be downloaded to your device. This version is recommended if you have Microsoft Excel installed on your device.
Click here to get the Microsoft Excel file!
- Google Sheets – by clicking the link below, a Google Sheets document will open, intended for users who do not have Microsoft Excel.
Click here to get the Google Sheets document!
Snowball
(Pay off the smallest balances first. This method gives quick wins and helps build motivation.)
Avalanche
(Pay off loans with the highest interest rates first. This method reduces the total interest paid.)