Debt Snowball Spreadsheet for Google Sheets & Excel
Snowball vs avalanche side by side: your debt-free date, total interest and a month-by-month schedule for up to 8 debts.
- ✓Up to 8 debts: balance, APR and minimum payment
- ✓Snowball vs avalanche vs minimums only, side by side
- ✓Debt-free date, total interest and what you save
- ✓Month-by-month schedule for every debt
- ✓Warns you when a minimum doesn't cover the interest
Works in Google Sheets and Excel · live formulas, no macros · .xlsx + 1-page PDF guide
Get the Debt Snowball Spreadsheet free
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What's inside: 6 tabs
| Start Here | How to open it in Google Sheets or Excel, in 5 steps. |
|---|---|
| Debts | List your debts once: balance, APR, minimum payment, extra you can pay. |
| Debt Plan | Snowball vs avalanche vs minimums only: debt-free date, interest, savings. |
| Snowball schedule | Month-by-month payoff, smallest balance first. |
| Avalanche schedule | Month-by-month payoff, highest APR first. |
| Minimums only | What happens if you only pay minimums (for comparison). |
Same math as our free debt payoff calculator — we test the spreadsheet against it before every release. Example numbers are filled in; type over them with yours.
Questions
Snowball or avalanche — which is better?+
Avalanche (highest APR first) always costs the least interest. Snowball (smallest balance first) clears your first debt sooner, which helps many people stick with it. The spreadsheet shows both with your real numbers so you can decide.
Does it work in Google Sheets?+
Yes. Upload the .xlsx file to Google Drive, open it with Google Sheets and choose File → Save as Google Sheets. The PDF guide shows each step. It also opens directly in Excel 2010 or newer, Excel for Mac and Excel on the web.
Why is it free?+
It's free while we launch. Later it will cost the price shown, and anything you download now stays yours. We ask for your first name and email so we can send you updates and our weekly money email; you can unsubscribe anytime.
Is there anything to install, or any macros?+
No. It's live formulas only — no macros, add-ons or sign-in — and nothing you type leaves your computer.
For education and planning only — not financial, tax or legal advice. Personal use; please don't resell or share the file.
