Accelerated Debt Reduction Calculator 1.0

This powerful tool allows you to see the effect of rolling debt payments from one creditor to the next, cutting years off your debts and saving you thousands of dollars. The accelerated debt reduction method consists of listing your debts by the shortest payoff period first. After paying off your first debt, you take the amount you were paying and start paying it toward the second debt. This rollover continues until all of your debts are paid off. You can then take the money you would have been paying creditors, and invest it.

To start, enter your debt information into the screen provided below. Once your information is entered, click See Payment Calendar. This will create a payment calendar you can print to keep track of your progress. Put your calendar up in a place where you will see it often. Every time you make a payment, mark off or color in one of the spaces on your calendar. Now you can see your way to financial freedom!