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1 Download the Line of Credit Calculator

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Filename: line-of-credit.xls

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"Just downloaded a sweet free Line of Credit Calculator for Excel from @Vertex42"

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3 Try More Templates

For small businesses, lenders, or borrowers wanting to track draws, payments, and interest for a general line of credit.
Create and print a professionally formatted loan amortization schedule.
This is a special type of mortgage based on simple interest calculations and daily interest accrual.
How fast can I get out of debt using the snowball technique?
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Before you get into debt, plan to get out!

Nobody should ever take on a debt without first having a good handle on their finances. First, you need a budget to know how much debt you can afford. Second, you need to work into your budget a plan to get out of debt again. Third, you need the discipline to follow through with your plan. I can't give you the discipline, but I can recommend the use of Vertex42's budget spreadsheets and financial calculators.

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