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looking for a debt calculator

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    looking for a debt calculator

    As I am making plans to save more and get out of debt, I have been using the bankrate calculators o see how long it will take me to pay of cc etc.
    Is there a calculator somewhere that will allow me to see ho long it would take if monthly payments change?
    What I mean is for example I plan to save $1000, by saving 250 each month, for that same period I'd pay $50 on a 2 credit cards each, once I have the $100, I'd pay 150 on one credit card, 50 on the second, once the first is paid off 250 on the second card. Now those are not my numbers, but I hope it makes sense :-)

    I am sure some of you are smarte nough to come up with some math formula, but me, well let's say I am much better at plugging in numbers and have the computer do the rest.

    Thanks!

    #2
    There is one on this site. Go to the Home Page. On the left side in the green boxes is a link for financial calculators.

    You might try what's the cost snowball calculator, too. In fact, it may be better for what you are trying to do. Worth a try anyway, right?

    Good luck.
    My other blog is Your Organized Friend.

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      #3
      don't you already know excel ?

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        #4
        That link is pretty good thanks.

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          #5
          Hi there,
          I have got a very useful link for you, in which you can get the debt calculator as well as you can have a debt reduction planner so that you will have all the idea about how to get off from debt.

          Calculators - Debt reduction planner

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            #6
            There's various calculators here at Saving Advice dot com at:

            http://www.savingadvice.com/calculators/

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              #7
              This is a good spreadsheet consumerist ran a while back:

              consumerist dot com/2008/08/use-snowball-method-spreadsheet-to-pay-off-debts. html

              Change the 'dot' to a . and remove the space between the . and html. Sorry for the inconvenience, the site won't let me post links yet because I'm new.

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