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 (Sep, 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 (Nov, 2026) and save $382.87 in interest payments.

Compare Regular Vs. Snowball
Regular Snowball
# of Payments 35 25
Payoff Date Sep, 2027 Nov, 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 Nov, 2024 $350 $450 $520
2 Dec, 2024 $350 $450 $520
3 Jan, 2025 $350 $450 $520
4 Feb, 2025 $350 $450 $520
5 Mar, 2025 $350 $450 $520
6 Apr, 2025 $350 $450 $520
7 May, 2025 $350 $450 $520
8 Jun, 2025 $350 $450 $520
9 Jul, 2025 $350 $450 $520
10 Aug, 2025 $350 $450 $520
11 Sep, 2025 $350 $450 $520
12 Oct, 2025 $350 $450 $520
13 Nov, 2025 $350 $450 $520
14 Dec, 2025 $350 $450 $520
15 Jan, 2026 $350 $450 $520
16 Feb, 2026 $350 $450 $520
17 Mar, 2026 $122.99797278473 $677 $520
18 Apr, 2026 $0 $800 $520
19 May, 2026 $0 $800 $520
20 Jun, 2026 $0 $189.69538888389 $1130.3
21 Jul, 2026 $0 $0 $1320
22 Aug, 2026 $0 $0 $1320
23 Sep, 2026 $0 $0 $1320
24 Oct, 2026 $0 $0 $1320
25 Nov, 2026 $0 $0 $1263.0239081554

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