Paydown Compass – Debt Payoff Planner Google Sheets

A debt payoff plan that lives only in your head isn't a plan — it's a wish. Paydown Compass turns your debt into a concrete roadmap: exact payoff dates, month-by-month progress tracking, and four visual charts that show you where you started, where you are, and where you're going.

This is the planner for people who want to track their progress, not just project it.

How It Works

Enter your debts — creditor, balance, interest rate, minimum payment. Paydown Compass builds your complete payoff roadmap automatically, supporting both snowball and avalanche methods. Set your extra monthly payment and see your debt-free date. Then, each month, log your actual payments and watch the tracker update your real progress against the plan.

The net worth impact view shows how eliminating each debt improves your overall financial picture over time — not just your debt balance, but your actual net worth trajectory as liabilities disappear.

1. Enter your debts — balance, rate, minimum payment
2. Choose snowball or avalanche payoff order
3. Set your extra monthly payment and review your debt-free date
4. Log actual payments each month to track real vs. planned progress
5. Watch the net worth impact view update as debts are eliminated

Who It's For

Paydown Compass is built for people who want a comprehensive debt planner that follows their actual progress — not just a one-time projection. It's the right fit if you:

• Have multiple debts and want both a payoff plan and a monthly tracking system
• Want to see how eliminating debt improves your net worth over time
• Like visual progress — charts that show balance reduction, not just numbers in cells
• Want to compare snowball and avalanche methods before committing
• Are serious about debt payoff and want the most comprehensive planner available

If you primarily want scenario modeling before committing to a plan, ZeroMark Forecast is purpose-built for that. Paydown Compass is for people ready to execute and track.

What's Included

• Debt Input Sheet — enter all debts with balance, APR, and minimum payment
• Payoff Roadmap — automatic payoff order and debt-free date for snowball and avalanche methods
• Monthly Payment Tracker — log actual payments and compare real progress vs. the plan
• 4 Visual Charts — balance reduction over time, interest paid, payoff timeline, and net worth impact
• Net Worth Impact View — shows how debt elimination improves your overall financial picture
• Interest Saved Calculator — running total of interest saved vs. minimum-only payments

Instant digital download. After purchase, you'll receive a link to copy the Google Sheet directly to your Google Drive. No software to install, works on any device.

Frequently Asked Questions

What's the difference between Paydown Compass and a basic debt tracker?
A basic tracker shows balances and dates. Paydown Compass tracks actual payments vs. the plan, shows 4 visual charts, and includes a net worth impact view. It's a planner and a tracker combined.

Does it support both snowball and avalanche?
Yes — switch between both methods and see the payoff timeline and total interest for each before you commit.

What is the net worth impact view?
As debts are eliminated, your net worth improves. This view projects that improvement over time so you can see the full financial picture, not just the debt balance.

How do I track actual vs. planned payments?
Log your actual payment each month. The tracker compares it to the plan and updates your debt-free date automatically based on real progress.

Is this a subscription?
One-time purchase. Copy it to your Google Drive and own it forever. No fees, no account, no renewal.