Debt Consolidation Calculator (Digital Download)

Got a loan offer or a 0% balance-transfer card in your mailbox and wondering if it's actually worth it? This calculator gives you a straight answer in numbers.

Enter your debts and the offers you've been quoted, and the dashboard shows which option costs the least overall, interest and fees included. Most debt trackers only show snowball and avalanche. This one also puts consolidation loans, balance-transfer cards and home equity side by side with keeping things as they are.

Light or dark, your choice

You get two versions with the same features: the bright Daylight spreadsheet and a free Midnight dark mode. Use whichever is easier on your eyes.

What's inside

• Debt Consolidation Calculator spreadsheet (.xlsx) for Excel and Google Sheets
• FREE: Midnight dark-mode version of the spreadsheet (same features)
• Printable worksheets (one .zip file) in Letter, A4 and Low-Ink: My Debt List, Consolidation Comparison, Payoff Progress Tracker (100-box chart) and a Before You Consolidate checklist
• Quick-Start Guide (PDF)

Features

• Dashboard: total debt, weighted APR, current monthly payment, best option, interest saved and months saved
• A "Worth it?" status light for every option
• Compare 6 options: keep as-is, snowball, avalanche, consolidation loan, balance-transfer card, and home equity loan or line of credit
• Origination fee handling: taken out of the loan or added to the balance
• Balance-transfer trap check: shows what's still owed when the promo ends
• Break-even month: when interest savings cover the upfront fee
• Month-by-month math for up to 15 debts over 30 years
• Comparison table, 4 charts and a payment tracker with a progress bar
• Sample data included so you can see how it works

How it works

1. Check out. Your download link appears right after checkout and in your order confirmation email, so you can download instantly.
2. Tap "Use in Google Sheets" in the Quick Start Guide to make your own copy (needs a free Google account), or open the .xlsx in Excel.
3. Enter your debts, then the offers you want to compare.
4. Check the dashboard and the comparison table.

Compatibility

• Google Sheets (free with a Google account), on a computer and in the Google Sheets phone app
• Microsoft Excel 2016 or newer (Windows and Mac)
• No macros and no add-ons
• Not built for Apple Numbers
• Printables: any home printer or print shop, US Letter or A4. The Low-Ink version saves toner.

FAQ

Do I need to know spreadsheets?
No. You only type in the light-blue cells. Everything else calculates on its own. In Excel, formulas are protected (no password) so they don't get erased by accident; in Google Sheets they aren't locked, so undo any slip with File > Version history.

Will it show a debt-free date?
Yes. Set your start month and each option shows an estimated debt-free month.

What about home equity?
You can include it, but the sheet clearly warns that it's secured by your home.

Does it recommend a lender?
No. It doesn't recommend any lender and we don't receive referral fees. Always read an offer's actual terms, and consider talking to a nonprofit credit counselor.

Not financial advice. This is a calculator that shows estimates based on the numbers you enter.

Questions? Email sales@buckeyebrandingcompany.com. We're The Buckeye Branding Company, a small family-run shop in Copley, Ohio, and we answer our own email.

Digital download only. No physical item ships. For personal use only. Please don't share or resell the files.