Debt Snowball Calculator
Enter your debts and any extra amount you can add each month. The snowball method pays the smallest balance first and rolls each freed-up payment onto the next debt. Results are estimates that assume fixed rates and on-time payments.
Results appear here.
How to use it
- List every debt with its balance, APR and minimum payment.
- Add the extra amount you can pay each month beyond the minimums.
- Pick snowball or avalanche and compare both.
- Use the payoff order to decide where each extra dollar goes.
Frequently asked questions
What is the debt snowball method?
You pay minimums on every debt, put any extra money toward the smallest balance, then roll that payment onto the next smallest when it is paid off.
Does the calculator store my data?
No. Everything is computed in your browser and nothing is sent to a server.
Is this financial advice?
No. It is a planning estimate. Real balances, rates and fees may differ.