Debt Snowball Calculator

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Are you in debt? Use the debt snowball calculator to learn how you can pay off your debt using the debt snowball method.

Snowball Debt Payoff Calculator
Debt # Balance ($) Interest Rate (%) Monthly Payment ($) Interest Cost # of Payments Left
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Extra Monthly Payment

You will pay off all your debts in 35 months (Oct, 2027) which will cost you $6,589.82 in total interest payments. If you follow the debt snowball method, you can payoff all your debts in 25 months (Dec, 2026) and save $382.87 in interest payments.

Compare Regular Vs. Snowball
Regular Snowball
# of Payments 35 25
Payoff Date Oct, 2027 Dec, 2026
Principal $27,000.00 $27,000.00
Interest Payment $6,589.82 $6,206.94
Total Payment $33,589.82 $33,206.94
Total Savings $0.00 $382.87

Debt Snowball Amortization Schedule
Payment # Date Debt #3 Debt #2 Debt #1
1 Dec, 2024 $350 $450 $520
2 Jan, 2025 $350 $450 $520
3 Feb, 2025 $350 $450 $520
4 Mar, 2025 $350 $450 $520
5 Apr, 2025 $350 $450 $520
6 May, 2025 $350 $450 $520
7 Jun, 2025 $350 $450 $520
8 Jul, 2025 $350 $450 $520
9 Aug, 2025 $350 $450 $520
10 Sep, 2025 $350 $450 $520
11 Oct, 2025 $350 $450 $520
12 Nov, 2025 $350 $450 $520
13 Dec, 2025 $350 $450 $520
14 Jan, 2026 $350 $450 $520
15 Feb, 2026 $350 $450 $520
16 Mar, 2026 $350 $450 $520
17 Apr, 2026 $122.99797278473 $677 $520
18 May, 2026 $0 $800 $520
19 Jun, 2026 $0 $800 $520
20 Jul, 2026 $0 $189.69538888389 $1130.3
21 Aug, 2026 $0 $0 $1320
22 Sep, 2026 $0 $0 $1320
23 Oct, 2026 $0 $0 $1320
24 Nov, 2026 $0 $0 $1320
25 Dec, 2026 $0 $0 $1263.0239081554

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