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Financial Calculators

Note to Mac OS 10.7 users: you must enable Java to view the calculators.

View Instructions

Snowball Debt Elimination Calculator

Helping you manage your financial decisions

The Snowball Debt Elimination calculator can assist with helping reduce your overall debt by applying the principle of paying off the highest or lowest interest rate first, and then every subsequent interest rate as each debt is paid in full. This continues until you
have rolled through all of your balances and your debt is paid in full.

  • To pay off the balances with the highest interest rate first, select the checkbox next to Payoff highest rate first.
  • To pay off the lowest balances first, leave the Payoff highest rate first unchecked.

This Financial Calculator requires SUN's Java™ Plug-in. If you see this message you will need to download SUN's Java™ Plug-in. This can be done automatically by clicking the yellow bar at the top of your browser and choosing “Install ActiveX Control”.

    You can also get SUN's Java™ Plug-in here: Get the Java™ Plug-in!

    For more information about this Plug-in please visit: SUN's Java™ Plug-in
    For more information about this debt payoff calculator please visit: Debt Payoff Calculator from KJE Computer Solutions, LLC