Ever wonder how much money is lost to interest when signing up for a new credit card or loan?

Wish there was a way to visualize payments on a balance over time?

Snowfall is here to help!

This minimalistic tool helps reveal the interest charges behind current or potential balances and shows how snowballing your monthly payments can speed up payoff dates. Saving tons in interest!

The process is simple. Input any current or perspective balances information. Including the amount, the monthly payment, and the annual percentage rate (APR). Then review your stats!

This tool is not designed to be financial advice. It is simply a tool to help visualize financial situations. The calculations in this tool are NOT guaranteed to be 100% accurate, but in a fairly accurate ball park. Do not make important financial decisions solely based on the information in this app!

Drawbacks of this app (That will be resolved in the future!)
- We do not account for rate variability. We assume a fixed rate.
- There is a maximum of 9 balances allowed due to calculate constraints.
- We assume no fluctuation in the amount in a balance. (Frequently used credit cards will not be accurate)