How the debt snowball calculator works
The debt snowball method orders debts from smallest balance to largest. You pay minimums on everything and attack the smallest debt with all extra cash. Each payoff frees its payment to roll into the next debt — the 'snowball' grows.
It is not the mathematically cheapest method (that is the avalanche, highest-rate first), but studies show the quick wins keep people motivated and more likely to become debt-free.
Why use our debt snowball calculator?
LaCalc’s debt snowball calculator is free, fast, and private. No sign-up, no downloads — type your numbers and get instant results. Every calculation runs in your browser, so your data never leaves your device.