Student Loan Payoff Pro
Comprehensive student loan management with up to 15 loans, repayment plan comparison, refinancing analysis, and month-by-month payoff projections.
Free vs Pro
- Track multiple student loans with balance, rate, and payment
- Dashboard with total loan overview and weighted average rate
- Month-by-month payoff schedule
- Works in Excel and Google Sheets
- Track up to 15 student loans with lender, balance, interest rate, minimum payment, loan type (federal/private), and servicer
- Dashboard with 6 KPIs: total student debt, weighted average rate, monthly payment total, projected payoff date, total interest cost, and loan count
- Repayment plan comparison modeling standard, graduated, and aggressive payoff side by side with timeline and interest totals
- Refinancing analysis comparing current terms vs a consolidated refinanced loan with new rate and term
- Month-by-month payoff schedule per loan showing payment applied, interest charged, and remaining balance
- Extra payment scenarios showing how additional monthly amounts reduce total interest and accelerate payoff
- Loan-by-loan interest breakdown showing which loans cost the most over the full repayment period
- Works in Microsoft Excel, Google Sheets, and LibreOffice Calc with no macros required
Preview
See what's inside this template
How to Use This Template
Enter all loans
Go to Loan Setup and enter each student loan with lender, balance, interest rate, minimum payment, and loan type (federal or private).
Compare repayment plans
The Repayment Comparison sheet models standard, graduated, and aggressive payoff plans side by side.
Evaluate refinancing
Enter a proposed refinanced rate and term in the Refinancing Analysis to compare total cost vs current terms.
Review the schedule
The month-by-month payoff schedule shows how each loan balance declines with payment and interest details.
Built by Claude AI. Perfected by us.
We use Claude AI to draft each Pro template after deep research. Then our team steps in - refining the layout, stress-testing every formula, fixing edge cases, and polishing the design. The AI gets us 80% there. The last 20% is all human judgment.
One-time purchase. No subscription. Works in Excel & Google Sheets.
Frequently Asked Questions
How many loans can I track?
The Pro version supports up to 15 individual student loans with separate tracking for federal and private loans.
How does the refinancing analysis work?
Enter a proposed refinanced rate and term. The template compares total interest and monthly payment under current terms vs the refinanced loan to show potential savings.
What repayment plans does it compare?
The comparison sheet models standard (fixed payments), graduated (increasing payments), and aggressive (higher fixed payments) plans side by side with total interest for each.
Can I separate federal and private loans?
Yes. Each loan has a type field for federal or private. The dashboard can show subtotals by loan type for separate tracking.
How is interest calculated?
The payoff schedule calculates interest monthly on the remaining balance using each loan's annual rate divided by 12. All payment and balance columns update automatically as you adjust inputs.
What do I get after purchase?
You receive an Excel file (.xlsx) that works in Microsoft Excel, Google Sheets, and LibreOffice Calc. Download it immediately after purchase - no signup or account required.
Is there a free version?
Yes. The free version of this template is available with basic features. The Pro version adds advanced analysis, more capacity, and additional sheets.
What if it does not work for me?
Contact us and we will help troubleshoot. The template works in Microsoft Excel, Google Sheets, and LibreOffice Calc with no macros required.
Looking for more Pro templates?
We offer Pro versions of our most popular spreadsheet templates with advanced features, more capacity, and deeper analysis.