Optimize your debt payments by prioritizing high-balance accounts first
Our calculator provides powerful tools to help you manage your debt efficiently
Automatically allocates your available funds to pay down the highest balance accounts first, after covering all minimum payments.
Easily upload your credit card data via CSV file, including due dates, issuers, statement balances, and minimum payments.
View your payment distribution through intuitive charts and graphs that help you understand where your money is going.
Organizes payments by due date to ensure you never miss a payment deadline and avoid late fees.
Get a detailed overview of your payment plan, including total funds allocated, remaining balances, and key insights.
All calculations are performed locally in your browser. We never store your financial data on our servers.
The Reverse Snowball Method explained in three simple steps
Import your credit card information via CSV file or enter it manually. Include due dates, issuers, statement balances, and minimum payments.
Specify the total amount of money you have available to pay toward your credit card debt this month.
The calculator will allocate your funds, paying minimum payments first, then applying remaining funds to the highest balances.
Discover the advantages of prioritizing high-balance accounts first
By targeting high-balance accounts first, you can potentially reduce the total interest paid over time, especially on accounts with similar interest rates.
See more immediate progress in reducing your overall debt burden by tackling the largest balances first.
Break free from the cycle of only making minimum payments, which can keep you in debt for decades.
Lowering high balances can improve your credit utilization ratio, which is a key factor in determining your credit score.
Try our Reverse Snowball Calculator today and take control of your financial future.
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