How To Use The Debt Eliminator

1. Enter your client name (optional) for personalization and file naming.
2. Add each debt in the table below — loan name, type, current balance, APR, and monthly payment. You can add up to 15 debts.
3. If a debt has a promotional rate, enter the intro APR and months remaining in those columns.

4. Enter your additional monthly payment — this is how much extra you can put toward your debts each month, above your current minimums. For example, if you can spare an extra $200/month, enter $200. The tool will calculate your new total payment automatically.
5. Set a delay if you can't start the additional payments right away (e.g., 3 months from now).
6. For Custom Priority strategy, assign a priority number (1 = first to pay off) to each debt.

7. Debt Avalanche pays the highest interest rate first — saves the most money mathematically.
8. Debt Snowball pays the smallest balance first — gives quick wins for motivation.
9. Custom Priority pays in the order you choose.
10. Select two strategies to compare their debt-free dates and total interest costs.

11. Save Plan downloads a file you can reload later. Load Plan reopens a saved file.
12. Download Excel exports everything as a formatted .xlsx spreadsheet.