Debt Snowball Calculator
This debt snowball calculator shows how fast you'll be debt-free by paying off your smallest balance first, then rolling that payment into the next-smallest, and so on. Enter up to three debts and any extra you can put toward them each month to see your payoff timeline and total interest.
Leave later slots at ₹0 if you have fewer than three debts.
The annual percentage rate charged on this balance.
The smallest monthly payment this lender requires.
Set to ₹0 if you don't have a debt in this slot.
The annual percentage rate charged on this balance.
The smallest monthly payment this lender requires.
Set to ₹0 if you don't have a debt in this slot.
The annual percentage rate charged on this balance.
The smallest monthly payment this lender requires.
Money you can put toward debt beyond the minimums, all directed at your smallest balance first.
Months to debt-free
सेव करने के लिए लॉग इन करें28
How long until every listed debt reaches ₹0, following the snowball order.
Frequently asked questions
Snowball or avalanche — which should I use?+
Avalanche (highest interest rate first) saves more money mathematically. Snowball (smallest balance first) tends to keep people motivated because they clear a full debt sooner. If you're confident you'll stay consistent regardless, avalanche wins on cost; if past attempts have stalled, snowball's quick wins may matter more than the extra interest.
What if I have more than three debts?+
Combine your smallest debts into one slot by adding their balances together and using a blended average rate, or work through them in two passes — clear your smallest few first with this calculator, then re-run it with your remaining debts.
Does this account for changing interest rates?+
No — it assumes each debt's rate stays constant for the full payoff period. If you have a variable-rate card or loan, treat the result as an estimate that may shift if rates change.