Where can I find a debt reduction tracker?

Bublin1

Can anyone direct me to where I can find a pre-written/formulated Excel spreadsheet where I can track my debt reduction?

I'm making overpayments on my loan that has 6.5%APR and I'd like to have a spreadsheet to both keep track of the balance and for motivation.

sistafromanothermista

Bublin1 wrote: »

Can anyone direct me to where I can find a pre-written/formulated Excel spreadsheet where I can track my debt reduction?

I'm making overpayments on my loan that has 6.5%APR and I'd like to have a spreadsheet to both keep track of the balance and for motivation.

There's a snowball calculator on here that's brilliant for that. You put in how much you want to spend on the debt, enter details of the debt and it works it all out.

Bublin1

Thanks for the suggestion but that's not really what I'm after. I'm not debt snowballing as I only have 1 debt. I'm overpaying on a loan but only recieve annual statements by post. I would like some kind of tracker but I have no idea how to formulate an excel spreadsheet.

sistafromanothermista

Bublin1 wrote: »

Thanks for the suggestion but that's not really what I'm after. I'm not debt snowballing as I only have 1 debt. I'm overpaying on a loan but only recieve annual statements by post. I would like some kind of tracker but I have no idea how to formulate an excel spreadsheet.

Hi, i think you can still use it for what you're asking as long as you are paying a fixed amount each month
http://www.whatsthecost.com/default.aspx
You are able to put 1 debt in, amount you pay each month (fixed in your case as over paying?) then it will calculate.

Bublin1

That helped alot although I plan to chuck money at my loan at any given time ontop of planned overpayments - but it gave me a good idea (it was also depressing!!!!).

sistafromanothermista

Bublin1 wrote: »

That helped alot although I plan to chuck money at my loan at any given time ontop of planned overpayments - but it gave me a good idea (it was also depressing!!!!).

True, i did mine this week.....debt free 2016 :eek: wowsers:D
Sorry i couldn't help with the excel thing, i tried looking for one the other day, the pre loaded ones are all americanised