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DebtRAC:
​Debt Reduction Acceleration Calculator

Picture

See How Quickly You Can Be DEBT FREE!


STEP 1: Add Your Debts to the DebtRAC

  • Debts will populate in the table below

($)
($)
(%)

STEP 2: Add an additional dollar amount to Boost your payoff strategy.

  • This will be applied to the first minimum payment at the top of the table.
  • When that debt is paid off, the Boost will cascade to the next minimum payment.


Creditor Name Current Balance Minimum Payment Interest Rate Cash Flow Index # of Payments to Interest Annually Debt Reduction Accelerator Payments # Acclerator Payments to Payoff Payoff Date Action

STEP 3: Sort DebtRAC!

  • Use the arrows on top to sort by Cash Flow Index or # of Annual Interest Payments to find the best payoff strategy.
  • Make only minimum payments on everything below the top Boosted payment.
  • Once the top debt is paid off, the boost cascades down to each next debt, in turn, until each is paid off.
  • Keep removing the debts from the top of the table as they are paid off.
  • The approximated final payoff dates for each debt are listed on the right--SEE when you could be DEBT FREE!

STEP 4: Keep Track of Your Progress!

  • Save to CSV, Excel, PDF, or Print and keep track of your progress!

business success partner

Steven Potts
Damian Reese

Telephone

775-420-4196
775-525-1554

Email

potts@1team.works 
​damian@1team.works
Photo used under Creative Commons from wuestenigel
  • Your Business Success Partner
  • Products/Services
    • PREP
    • 10X FOCUS Program
  • About Us