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Debt Reduction Excel Spreadsheet

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Anonymous
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Debt Reduction Excel Spreadsheet

Just found this online last night.  Pretty cool.  Thought I would share. 

 

http://www.vertex42.com/Calculators/debt-reduction-calculator.html

 

 

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MattH
Senior Contributor

Re: Debt Reduction Excel Spreadsheet


@Anonymous wrote:

Just found this online last night.  Pretty cool.  Thought I would share. 

 

http://www.vertex42.com/Calculators/debt-reduction-calculator.html

 

 


 

It is nice, though I tend to make my own spreadsheets (I use Excel very heavily in my scientific work so I'm quite familiar with it).  I am also sufficiently compulsive about getting small details right that I reverse-engineered my bank's rounding algorithm so I could get the same numbers as theirs for mortgage interest (the cumulative error came to something like twelve cents over eight years...)!

 

Here are some online calculators that may be handy:

Bankrate

Mortgage Professor Calculators

Mortgage Professor Spreadsheets

 

Note: the Mortgage Professor offers both online web-based tools and also spreadsheets; the web tools are simpler to use but less flexible than the spreadsheets.

 

 

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