“I used ZimpleMoney for 9 years but they started charging huge fees for a simple family loan. Family Loan Tracker is a good, simple way to track loans—that's all I need it to do. I compared payment schedule & interest calculations with ZimpleMoney & it was within one cent, so that part is good too.”
Why Stop Using Excel for Loan Tracking?
Excel works, but it's manual, error-prone, and time-consuming. There's a better way.
Formula Errors & Mistakes
One wrong formula can throw off your entire loan calculation. Excel has no built-in validation, and errors can go unnoticed for months—costing you money and trust.
Time-Consuming Manual Work
Every payment requires manual entry, formula updates, and verification. What takes 30 minutes in Excel takes 2 minutes in Family Loan Tracker—saving you hours every month.
No Real-Time Collaboration
Excel files need to be shared, synced, and updated manually. Both parties can't see real-time updates, leading to confusion and questions about loan status.
Built for Modern Family Loan Management
Everything Excel can do, plus automation, collaboration, and professional features.
Fully Automated
Automatic interest calculations, payment tracking, and balance updates. No formulas to write, no errors to catch. Just accurate, reliable tracking.
Professional Documentation
Generate professional PDF agreements, payment schedules, and tax reports. Export everything you need without manual formatting or design work.
Family Loan Tracker vs Excel
See why families switch from spreadsheets to professional loan tracking
| Feature | Family Loan Tracker | Excel Spreadsheets |
|---|---|---|
| Pricing | $99 one-time (or $49.50 with launch offer)or $6.99/month | Free (but time-consuming) |
| Automatic calculations | ||
| Multi-party real-time access | ||
| Payment reminders | ||
| Professional PDF documents | ||
| Payment history tracking | ||
| Error-prone (formula mistakes) | ||
| Time-consuming (manual entry) | ||
| Mobile access |
How It Works
Get started in minutes, not hours
Create Your Loan
Set up your loan agreement in minutes. Enter amount, interest rate, and terms. Generate a professional PDF agreement—no Excel formulas needed.
Track Payments Automatically
Record payments as they happen. Automatic interest calculations update instantly. Real-time balance updates. Both parties see everything—no file sharing needed.
Manage & Export
View payment history, generate reports, export PDFs for tax purposes. Everything you need in one place, without manual Excel work.
Perfect for Family & Private Loans
Ideal for common family lending scenarios
Home Down Payment
Help family members with home purchases. Track payments, calculate interest, maintain transparency—all automated, no spreadsheets.
Education Costs
Support children or grandchildren with education expenses. Professional documentation and automated payment tracking.
Family Business
Fund family business ventures with clear terms, automatic interest tracking, and professional documentation.
Simple, Transparent Pricing
Choose the plan that works for you. No hidden fees, no surprises.
Start with a 14-day free trial. No credit card required.
The Real Cost of Excel:
While Excel is 'free,' the time spent maintaining spreadsheets, fixing errors, and sharing files adds up. Family Loan Tracker saves you hours every month—time worth far more than $99.
Frequently Asked Questions
Quick answers to common questions about switching from Excel to Family Loan Tracker.
How accurate are Family Loan Tracker's calculations compared to Excel?
Our calculations are 100% accurate and match industry standards. Unlike Excel, there's no risk of formula errors or manual calculation mistakes. All interest and payment calculations are automated and verified.
Can I import my Excel spreadsheet data into Family Loan Tracker?
You can easily recreate your loan in Family Loan Tracker using your Excel data. While we don't offer direct Excel import yet, the setup process is quick (10-15 minutes per loan) and ensures accurate data entry. Once set up, you'll never need to update formulas again.
How much time will I save compared to using Excel?
Most users save 2-4 hours per month. Instead of manually entering payments, updating formulas, verifying calculations, and sharing files, Family Loan Tracker automates everything. Payment entry takes seconds, and all calculations update automatically.
How does multi-party access work compared to sharing Excel files?
Both lender and borrower get their own accounts with real-time access to loan details. No file sharing, no version conflicts, no 'who has the latest file?' questions. Both parties see updates instantly, maintaining complete transparency.
Excel is free—why should I pay for Family Loan Tracker?
While Excel itself is free, the time cost of maintaining spreadsheets is significant. Family Loan Tracker saves you hours every month, eliminates errors, and provides professional features Excel can't match. For $99 one-time, you get lifetime access to automated tracking that's worth far more in time savings alone.
What is your refund policy?
We offer a 30-day money-back guarantee on all purchases. Contact us within 30 days of purchase and we'll process your refund within 5-7 business days. Your satisfaction is our priority.