A credit card debt payoff calculator template is a frequently used calculator. The basic difference between this calculator and other calculators is the installment amount. This calculator is specifically prepared to calculate the installment amount along with interest information per installment. It further has a column of insurance amounts, as is a mandatory requirement of most financial institutions. The interference of this calculator is very simple, yet it gives you 100% control over the information which you wish to insert. It is also prepared in MS Excel for better as well as quick use.