📊 Debt Consolidation Calculator in Google Sheets
A Simple, Editable Spreadsheet for Personal Finance Clarity
Welcome to another spreadsheet tutorial! Today, I’m sharing a practical Debt Consolidation Calculator I built in Google Sheets. If you’re juggling multiple debts—credit cards, loans, or lines of credit—this tool helps you compare, plan, and simplify your repayment strategy.
Whether you're budgeting solo or guiding others through financial planning, this calculator is designed to be intuitive, editable, and easy to access.
📑 What's Inside the Spreadsheet
The calculator is composed of three sheets:
- Sheet1 – the main calculator interface
- Consolidated Loan Payments Schedule – helper sheet
- Current Debt Payments Schedule – helper sheet
These helper sheets work quietly behind the scenes to keep your main sheet clean and user-friendly.
🛠️ How to Use It
On Sheet1, you’ll see cells highlighted in yellow. These are the only cells you should edit—they’re designed for your input, such as:
- Debt Name
- Balance
- Interest Rate
- Minimum Payment
All gray cells contain formulas and should not be edited. They automatically calculate totals, averages, and projections based on your entries.
The layout is intuitive and beginner-friendly. Just enter your debt details in the yellow cells, and the calculator will do the rest.
📈 What You Can Do With It
- List and compare multiple debts
- Calculate total balances and total interest
- Simulate a consolidation loan with monthly payment estimates
- Visualize savings with built-in formulas and summaries
This tool is ideal for personal budgeting, financial coaching, or preparing for a debt consolidation consultation.
🔗 How to Access the Spreadsheet from Etsy
If you purchased this calculator from my Etsy shop, here’s how to access it:
- After checkout, download the PDF file provided by Etsy.
- Open the PDF and click the Google Sheets link inside.
- Go to File > Make a Copy to save your own editable version.
- Start entering your debt details in the yellow-highlighted cells!
⚠️ Please do not request access to edit the original file—just make your own copy.
Here is the link: Debt Consolidation Calculator on Etsy
⚠️ Disclaimer
This calculator is for informational and educational purposes only. It does not constitute financial advice, and results may vary based on actual loan terms and individual circumstances. Please consult a qualified financial advisor before making any debt-related decisions.
🖼️ Preview Images
🌱 Why This Tool Matters
Debt consolidation can feel overwhelming, especially when you’re managing multiple accounts with different interest rates and payment schedules. This Google Sheets calculator simplifies the process by putting all your numbers in one place. You’ll see the impact of consolidation, compare repayment scenarios, and make informed decisions about whether a consolidation loan is right for you.
For personal finance enthusiasts, budget coaches, or anyone preparing for a consultation with a lender, this tool provides clarity and confidence. It’s not just about numbers—it’s about creating a plan that works for your lifestyle and financial goals.
🔗 Related Resources
🚀 Final Thoughts
The Debt Consolidation Calculator is more than a spreadsheet—it’s a practical tool for taking control of your finances. By comparing debts side by side and simulating consolidation scenarios, you’ll gain insight into how to save money, reduce stress, and move toward financial freedom.
If you’re ready to simplify your debt management, get the calculator on Etsy today and start building a clearer path forward.