Debt Snowball Calculator Spreadsheet Template for Excel and Google Sheets

Debt Tracker Spreadsheet, Debt Payoff Planner, Debt Snowball Spreadsheet, Snowball Method Calculator, Debt Repayment Spreadsheet, Personal Finance Spreadsheet

The Debt Snowball Calculator Template for Excel and Google Sheets is a powerful and easy-to-use tool designed to support debt repayment through the proven Snowball method. With this customizable spreadsheet, you can efficiently manage up to 50 debts, prioritize which ones to pay off first, and visually track your progress toward becoming debt-free—starting from the smallest balances to gain early wins and motivation.

Thanks to automated calculations and real-time updates, this template simplifies personal debt tracking while providing a clear overview of your financial path. It’s ideal for anyone looking to take control of their finances and eliminate debt in a structured, motivating way.

FEATURES

• Compatible with Any Currency
• Automatically Calculates Totals
• Customizable Color Scheme
• Payment Scheduling
• Debt Balance Breakdown
• Projected Payoff Date
• User-Friendly for Beginners
• Start Managing Debt in 3 Simple Steps

EASY TO GET STARTED

• 5-Step Plan for Debt Elimination
• Based on the Snowball Repayment Strategy
• Clean, Easy-to-Navigate Dashboard

COMPREHENSIVE DASHBOARD

• Monitor Your Full Debt Progress
• Monthly Targets Per Debt
• Dynamic Overview Throughout Your Repayment Period

PAYMENT SCHEDULE

• View the Timeline for Clearing Each Debt
• Adjust for Extra or Missed Payments
• Simple, Clear Layout

DETAILED PAYMENT TRACKER

• Compare Actual Payments with Goals
• Sort by Source or Product/Service
• Helpful for Year-End Tax Reporting

The Snowball method is effective because it creates quick wins and builds positive momentum. Paying off your smallest debts first provides a sense of achievement and encourages you to keep going—making it especially useful for anyone needing motivation to stay consistent with debt repayment.

WHAT’S INCLUDED?

• Step-by-step instructions 
• 4 Templates of Spreadsheets
• Sample Google Sheet with Mock Data
• Blank Google Sheet
• Sample Excel with Mock Data
• Blank Excel
• Editable in Google Sheets and Microsoft Excel
• Compatible with MAC, PC, Phones, or Tablets

HOW IT WORKS & REQUIREMENTS

YOU WILL NEED:

• A device to access Google Sheets or Microsoft Excel
• A Google Account (if using Google Sheets)
• Microsoft Excel software (if using Excel)
• Basic computer skills

HOW IT WORKS:

• Purchase and download instantly.
• Open the PDF file to access the Google Sheet link.
• Download the Excel template.
• Open the spreadsheet and start planning!

IMPORTANT TO KNOW:

• This is a digital download; no physical items will be shipped.
• Due to the nature of digital products, all sales are final, and refunds are not available.

COLOR DISCLAIMER:

Please note that colors in the spreadsheet may vary slightly due to screen display differences on your device. This can include variations in color on phones, tablets, and computers.

Note: For the best experience, we recommend using a desktop or laptop for full editing capabilities.