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Debt Snowball Calculator

Pay off your debts faster using the snowball method — smallest balance first. See exactly when each debt disappears and how much interest you save.

Your Debts

Add each debt — credit cards, loans, medical bills, etc.

Debt List
Monthly Budget

Total you can pay across all debts per month

Snowball = motivation; Avalanche = saves more interest

Debt-Free In
--
months
Total Debt
$--
across all accounts
Total Interest Paid
$--
cost of carrying debt
Total You'll Pay
$--
principal + interest

Snowball vs Avalanche

Snowball MethodMost motivating
Avalanche MethodSaves most interest
Both requireMinimum payments

Snowball Tips

Extra $100/mo saves
Number of debts
Avg interest rate