Debt Snowball Calculator


Easy Budget
product rating4.67 / 5
79 reviews

NOTE: This is a digitally downloaded product.

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…


Great news! Our Debt Snowball Calculator helps you to…

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!

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.

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.)

+ Get 15% off this item when you bundle it with the 8-in-1 Personal Finance SuperSpreadsheet. Add both to cart and use code BUNDLE15 for discount.

Based on 75 reviews
Showing 67 of 75 reviews (5 star). See all 75 reviews
  1. Verified reviewVerified review – view originalExternal link

    This saved me an immense amount of time by not having to create my own speadsheet. And let’s be honest, mine certainly wouldn’t have been as comprehensive or pleasing to look at. After filling out the Snowball Calculator, and presenting the information to my husband, I can say we are officially motivated, and united in the goal of paying off our debts and taking control of our finances. When you’re dealing with something as challenging as chipping away at a mountain of debt, a beautiful Excell worksheet can really be a useful and powerful tool. Thank you!

  2. Verified reviewVerified review – view originalExternal link

    I love this! It’s easy to use (the tutorial was also a great help) and having a set plan that I can see and check in on is amazing! My debt free date seems far away but that’s because I have almost no extra income, everything goes towards debt but now I have a plan in place and I’m determined to pay this debt down ahead of schedule. Thank you for lighting my fire!

  3. Verified reviewVerified review – view originalExternal link

    thank you so much for providing this as a freebie- this is really going to help make 2021 a great start to our debt free life!

  4. Verified reviewVerified review – view originalExternal link

    Got me excited about paying off my mortgage! Love that I’m able to model different scenarios easily.

  5. Verified reviewVerified review – view originalExternal link

    Great purchase! This will give me the motivation I need to pay off all my debt over the next 2 years!

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