Online Tool Store
Debt Snowball Planner
Plan a debt snowball payoff order from balances, minimum payments, and an extra monthly amount, with a clear browser-only repayment timeline preview.
🔒 This tool runs entirely in your browser. Your files are never uploaded to a server.
Snowball order
Example shown — replace with your own balances.
How it works
- List each debt with its current balance and minimum payment.
- Add the extra amount you can put toward debt each month.
- Follow the smallest balance first and roll each cleared payment into the next account.
The method
The snowball method orders debts by balance, not interest rate. The focused payment equals that debt’s minimum plus your extra amount and the minimum payments rolled over from earlier debts.
FAQ
What is the debt snowball method?
It pays minimums on every debt while directing extra money to the smallest balance, then rolls that payment to the next smallest debt.
Does this include interest?
This lightweight planning view uses balances and payments for an approachable sequence. Confirm a real repayment schedule with interest rates and statements.
Is snowball better than avalanche?
Snowball can build momentum through quick wins. Avalanche usually minimizes interest by targeting the highest rate first.
How we compare
| Feature | Online Tool Store | Debt Avalanche Planner | YNAB |
|---|---|---|---|
| Smallest-balance payoff order | Yes | No | Configurable |
| Monthly budget management | No | No | Yes |
| No account needed | Yes | Yes | No |
Use this planner when visible early wins will help you stay consistent; choose an avalanche plan when reducing interest is your primary goal.