Debt Snowball Calculator


NOTE: This is a digitally downloaded product.

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  1. Charleen Goombs (verified owner)

    This calculator is awesome. After listing the amounts you owe and monthly payment amount, it calculates your payoff date which is amazing. You actually see how long it will take. You can also change monthly amounts anytime to speed up your payoff date. 👍👍.

    Debt Snowball CalculatorDebt Snowball Calculator

  2. Nusaybah N. (verified owner)

    It was great to use and see my end goal. I needed something that was going to make me stay focus but see the numbers go down. I love it and happy about my purchase.

    Debt Snowball CalculatorDebt Snowball Calculator

  3. Carrie Diaz (verified owner)

    It was really cool to play around with the potential for how soon we could pay off debt. Very cool tool!

    Debt Snowball CalculatorDebt Snowball Calculator

  4. Shantelle (verified owner)

    I needed this for my financial situation and my goal to be sort of debt free, more so be in charge of my money. What I actually needed is this Calculator to put me in check. I got to list all my loans and credit cards. It wasn’t much and I can make the more than the minimum payments. Although in the long run, I’ll be passing more because of all the interest. This calculator is gonna be my best friend for maybe the next year or so. It’ll help me get on track with my spending, and I can watch the balances go down with payments. Buy this chart, open up your excel app and start plugging in those numbers.

    Debt Snowball CalculatorDebt Snowball Calculator

  5. Catherine P. (verified owner)

    Worth every penny! Gives you a clear picture of your debt journey! HIghly recommend!

    Debt Snowball CalculatorDebt Snowball Calculator

  6. Anonymous (verified owner)

  7. Kadianne W. (verified owner)

    Debt free calculator is my new obsession. Thank you so much. Very easy to use. Time to get busy paying down debt now that I have the clear picture staring at me. Thanks for helping us out in the best free community.

    Debt Snowball CalculatorDebt Snowball Calculator

  8. Carini (verified owner)

    This is such a great spreadsheet to really keep you motivated and organized while you are on babystep 2. Excel formulas are no fun for me, but this spreadsheet makes my financial life 10x easier and more fun !

    Debt Snowball CalculatorDebt Snowball Calculator

  9. Lindsay Crenshaw (verified owner)

    This calculator is what I’ve been searching for! It’s highly motivating. It helps you really easily picture where you are and where you could be with extra debt payments. It can be really scary to face it all and write all your debts down, but this spreadsheet makes it easy. I was having a hard time explaining to my husband why it’s important to make extra debt payments, and I was able to show him the difference between paying minimums and then paying extra.

    Debt Snowball CalculatorDebt Snowball Calculator

Let me guess . . . You have a lot of debt? Student loans, credit cards, car loans . . . it can be overwhelming!

You know you need to pay it off, but before you get started, you want to know how long it’s going to take…

Our Debt Snowball Calculator helps you to…

+ Pinpoint the exact month you can be debt-free to help you stay target-focused

+ Play around with different paydown scenarios to formulate the perfect plan for your your situation

+ Include future lump sum payments like bonuses, tax returns, and leftover grocery cash so you can watch your debt-free date get closer and closer with larger payments

+ Easily adjust payoff dates with lifestyle or income changes, helping you keep at it no matter what life throws your way

+ Help your spouse or family see the power of an aggressive payoff plan so you can be on the same page

You need a tool that can determine how soon you can be debt-free based on your income and expenses!

That’s why we created the Easy Budget Debt Snowball Calculator. We couldn’t find anything on the internet that let us calculate our debt-free date based on how much we could put toward debt now and in the future with our growing income, bonuses, tax returns, and other future lump sum payments. We’ve got you. Ours can totally do that!

Our Debt Snowball Calculator allows you to create a fully custom, living, breathing, easy debt payoff plan that keeps you motivated and informed!

+ User friendly

+ Fully automated (you fill in the white boxes, everything else will auto calculate!)

+ Input your loans once and update with actual payments as they are made

+ Space for up to 35 different loans
+ Change and play around with several variables to see how it affects your payoff date

+ Clearly displays your debt stats

+ Clearly displays debt payoff month and year (will show all calculations on separate page)

+ Perfect for irregular income
+ Easy switch to Debt Avalanche method (highest interest rate first) or custom order

+ Input for one-time lump sum payments on debt (bonuses, tax refunds etc.)

+ Input for expected increases in monthly debt payments (future raises, second job etc.)

NOTEThis tool works best with Excel, but can also be used with Google Sheets.

To open in Google Sheets, download and save the file to your computer without opening it. Open Google Sheets. In the upper right quadrant, select the Manila folder icon to “upload file”. Refresh often to see calculations.

Before you go...

We'd love for you to try the calculator. How's 10% OFF? Enter your email below and we'll send you the code!