Debt Snowball Worksheet Template
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1
2DEBT SNOWBALL WORKSHEET
MonThS Till paid
deBT
ToTal owed
Min payMenT
new MonThly payMenT
$____
(1)__________
$____
min ___+ 200 = new applied pymt
____
(2)__________
$____
$____
min___ + prev applied pymt =____
____
$____
(3)__________
$____
min___ + prev applied pymt =____
____
(4)__________
$____
$____
min___ + prev applied pymt =____
____
(5)__________
$____
$____
min___ + prev applied pymt =____
____
Result= $____________
INSTRUCTIONS
• Paying off debts with minimum payments = _______ months
List debts in order from the smallest to the largest. The
new payment amount is achieved by adding all of the
• Debt snowball payoff = ________ months
payments of the debts you have paid off and applying
• Result per month invested at 12% for 99 months = $_______
them to the next debt line.
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