This snowball debt calculator template is very simple format which is prepared in MS Word. The ideal behind preparing this calculator in MS Word is to give user maximum ease of using format. In the top section of this template, you can insert required information regarding financial health, especially about outstanding loans, principal amount, interest rate and installment amount. In the below section, a table is give where you can add information about loans, outstanding amount, mark-up rate and installment amount. The table is consisted of four major columns of outstanding balance, amount paid, date and confirmation note. This is blank snowball debt calculator format and can be used once downloaded.