Snowball Calculator
Snowballing your credit cards means to pay off one card with all of your available cash until it is paid off, then move on to the next one. All other cards are paid at their minimum rate until it is their turn to be snowballed. With this snowball calculator spreadsheet, you can enter the rates (including teaser rates) and balances of all your cards, then change the order of the “snowball” to see which will give you the best payoff time and least cumulative expense.
Author : Daniel Slone
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