Free Debt Snowball Calculator Spreadsheet: Debt-Free Date for 10 Debts (Excel & Google Sheets)

FREE download: find the month you'll be debt-free in about 5 minutes.

Type in up to 10 debts (name, balance, APR, minimum payment) and the amount you can pay each month. The debt snowball calculator then shows:

• your snowball payoff order (smallest balance first)
• the month each debt is paid off
• your debt-free month and how many months it takes
• total interest and total you'll pay

Built-in checks warn you in red if your budget is below your minimum payments, or if a minimum payment doesn't even cover the monthly interest, which means that debt never pays off on its own.

Real example (fictional household, included in the file): 5 debts totalling $16,290 with $700 a month. Debt-free by Mar 2029, in 27 months, with about $2,212 in interest. First debt gone in month 2.

Works in Excel 2010+ (no Microsoft 365 needed) and Google Sheets (File > Import > Upload). No macros. Any currency symbol.

This file is free. Payhip asks for your email at checkout only so it can deliver the download.

Want Avalanche vs Snowball side by side, What-If extra payments, 50 debts, a month-by-month payment schedule and a printable tracker? Get Debt-Free Planner 2027 ($5): https://payhip.com/b/1KcJZ

Good to know: the interest estimate is balance × APR ÷ 12 per month. Your lender's figures can differ slightly because of daily interest, fees or rate changes. Planning tool, not financial advice. Free for personal use.