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Debt Snowball Method ❄️

Pay off debts from smallest to largest balance using the snowball method for momentum.

Inputs

Adjust the values below to calculate your results

Debt Balances (Smallest First)

Debt 1 - Balance

Debt 1 - Min Payment

Debt 1 - Rate

Debt 2 - Balance

Debt 2 - Min Payment

Debt 2 - Rate

Debt 3 - Balance

Debt 3 - Min Payment

Debt 3 - Rate

Extra Monthly Payment

Maximum Time Horizon

Results

Your calculated results based on the inputs provided

Total Interest

$1,957.60

Total Months to Payoff

45.00 mo (3.8 yrs)

Payoff Order

Credit Card → Personal Loan → Car Loan

Smallest balance first

Total Debt

$15,500.00

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