Debt Snowball Calculator

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 (Jan, 2029) 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 (Mar, 2028) and save $382.87 in interest payments.

Compare Regular Vs. Snowball

Regular Snowball
# of Payments 35 25
Payoff Date Jan, 2029 Mar, 2028
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 Mar, 2026 $350 $450 $520
2 Apr, 2026 $350 $450 $520
3 May, 2026 $350 $450 $520
4 Jun, 2026 $350 $450 $520
5 Jul, 2026 $350 $450 $520
6 Aug, 2026 $350 $450 $520
7 Sep, 2026 $350 $450 $520
8 Oct, 2026 $350 $450 $520
9 Nov, 2026 $350 $450 $520
10 Dec, 2026 $350 $450 $520
11 Jan, 2027 $350 $450 $520
12 Feb, 2027 $350 $450 $520
13 Mar, 2027 $350 $450 $520
14 Apr, 2027 $350 $450 $520
15 May, 2027 $350 $450 $520
16 Jun, 2027 $350 $450 $520
17 Jul, 2027 $122.99797278473 $677 $520
18 Aug, 2027 $0 $800 $520
19 Sep, 2027 $0 $800 $520
20 Oct, 2027 $0 $189.69538888389 $1130.3
21 Nov, 2027 $0 $0 $1320
22 Dec, 2027 $0 $0 $1320
23 Jan, 2028 $0 $0 $1320
24 Feb, 2028 $0 $0 $1320
25 Mar, 2028 $0 $0 $1263.0239081554

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