Debt Repayment Template

🟩 1️⃣ BASIC VERSION

A clean, functional Debt Repayment spreadsheet in English — designed for clarity, structure, and immediate insight into how every debt is progressing.

Debt Repayment (Basic)

Core Features:

🔹 Debts table with:
Debt Name
Principal
Interest Rate (%)
Monthly Payment
Start Date
🔹 Automatic Remaining Months calculation
- Uses NPER to estimate how many months remain before payoff — based on rate & monthly payment.
🔹 Projected End Date
- Automatically calculated from Start Date + Remaining Months.
🔹 Simple RepaymentPlan sheet
- Month | Starting Balance | Interest | Payment | Ending Balance
- Includes a starter structure you can extend month by month.
🔹 Basic Remaining Balance Chart
- Line chart visualizing balance over time.
🔹 Instructions tab
- Explains every feature in clear, beginner-friendly language.

👉 Purpose:

A solid foundation for tracking multiple debts, understanding payoff timelines, and keeping repayment progress organized.

Perfect for individuals, couples, and early-stage borrowers who just need a clean, reliable toolkit to monitor their loans and start planning repayment.

No automation beyond core formulas — just a dependable base designed to expand.

🟨 2️⃣ ADVANCED VERSION

A smarter, more analytical debt repayment system — adding prioritization strategies, compliance checks, projections, and smarter summaries.

Added Features Compared to Basic:

🔹 Intelligence & Prioritization
- Snowball Priority Ranking (smallest balance → highest priority)
- Avalanche Priority Ranking (highest interest → highest priority)
🔹 Improved Financial Insight
- Total Interest Projection per Debt
- Estimates long-term interest cost (payment × months − principal).
- Penalty / Fees column
- Add recurring monthly extra costs for each debt.
- Minimum Payment Compliance Check
- Alerts you when your payment is below the required minimum.
🔹 Scenario & Impact Tools
- Combined Monthly Payment Impact Overview
- Shows how adding an extra monthly payment affects payoff speed.
- Automatic Total Calculation:
Total Principal
Total Monthly Payments
Total Penalties
Months to Debt-Free (base vs extra payment)
🔹 User Experience Improvements
- More structured layout
- Cleaner debt overview
- Expanded summary section
- Instructions updated to include all Advanced features

👉 Purpose:

A practical upgrade for users who want smarter planning, fewer mistakes, and clear insights into payoff strategies — without stepping into full simulation territory.

Ideal for serious budgeters, early FIRE planners, and anyone balancing several loans.

🟥 3️⃣ EXPERT VERSION

A full debt repayment cockpit — transforming the workbook into a strategic payoff engine with simulations, multi-scenario planning, forecasting, and automated reasoning.

Includes everything from Basic + Advanced, plus:

🔹 Scenario & Strategy Systems
- 3-Scenario Engine (A / B / C)
- Compare different payment levels, interest changes, or fee structures side by side.
- Inputs for:
- Extra Monthly Payment
- Interest Shock
- Payment Strategy variations per scenario
🔹 Dynamic Amortization Simulator
- Month-by-month payoff modeling
- Interest + principal + fees calculation per row
- Foundation for expert graphs & comparisons
🔹 Optimal Payment Allocation Algorithm (placeholder logic included)
- Automatically suggests how to distribute your total monthly budget for fastest payoff across all debts.
🔹 Stress-Test Module
- Test +1%, +2%, +5% interest increases
- Immediate impact on payoff time & total interest
🔹 Advanced Forecasting Tools
- Consolidated multi-debt projection
- Combined forecast of all balances, interest, and cashflow impact
- Under-the-hood tables for advanced scenario work
🔹 Expert Charts Pack
- Forecast chart for remaining balance
- Scenario comparison visuals
- Interest-vs-Principal profiling charts
🔹 Expert-Level Documentation
- Extended Instructions sheet covering:
- Scenario Engine
- Simulator
- Stress Tests
- Optimal Allocation Logic
- Multi-year implications

👉 Purpose:

A top-tier debt optimization system for professionals, financial coaches, advisors, or anyone determined to eliminate debt as efficiently as possible.

Perfect for long-term planning, scenario exploration, coaching clients, or optimizing repayment under uncertain conditions.