This free debt snowball calculator template is specifically prepared in MS Excel which you can be utilized while settling one debt at one time. This calculator is used to set up each loan account, along with a list of installments made until the loan account is fully settled. A debt snowball calculator template helps you in determining which loan you must settle first, and which you can defer while making minimum mark-up amount. This template gives you fully control on data insertion either by column wise or row wise. You can insert required data by selecting the right cell with right format.