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Vertex42 publishes a free debt reduction calculator on Download.com that is one of the best free calculators around. The free Debt Reduction Calculator worksheet for Microsoft Excel helps you plan how to reduce credit card debt, auto loans, student loans, and other debts. The spreadsheet lets you choose from various debt reduction strategies, including the popular debt snowball strategy (paying the lowest balance first) and the highest interest first strategy.
Easily print a debt snowball payment schedule to help you keep track of your progress. Click the link below to download your free Debt Rreduction Calculator from Vertex42.
Debt Reduction Calculator
Screenshot of the Auto Loan Calculator by Vertex42
SAGE Guide to Personal Finance
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