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Seeing your debt shrink is one of the most powerful motivators to keep going. Snowball gives you a live picture of where you stand — how much you still owe, when you’ll be debt-free, and what milestone is coming up next. Checking in regularly and keeping your balances up to date turns abstract progress into something concrete you can see and celebrate.
Make it a monthly habit: after each payment, update your balances. Seeing progress is the best motivation to keep going.

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Your dashboard at a glance

When you open Snowball, your dashboard shows the numbers that matter most:
  • Total debt remaining — the combined balance across all your active debts right now.
  • Projected debt-free date — the date you’ll make your final payment if you follow your plan.
  • Next debt to pay off — the debt Snowball is targeting based on your chosen strategy (snowball or avalanche).
  • Monthly payment breakdown — a summary of your minimum payments across all debts plus any extra payment you’ve allocated.

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Updating your balances

Your payoff plan stays accurate only when your balances reflect your real situation. After each round of payments, take a moment to update your debt list.
1

Go to your debt list

After making payments, open Snowball and navigate to your debt list on the dashboard.
2

Click the debt you paid

Select the debt you made a payment on to open its detail view.
3

Update the Current Balance

Enter the new, lower balance that reflects the payment you just made. Use your latest statement or account portal for the exact figure.
4

Save your changes

Click Save. Your dashboard and projected debt-free date update immediately to reflect the new balance.
Your debt-free date moves closer every time you update a balance or add an extra payment.

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Celebrating a paid-off debt

When a debt’s balance reaches zero, mark it as paid off in Snowball. This removes it from your active debt list and triggers the next key feature of your strategy: Snowball automatically rolls the payment you were making on that debt into the next one in your plan. This is the snowball effect in action — your payments grow larger as each debt disappears.

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Milestones to watch for

Progress isn’t just about the final finish line. Snowball tracks several milestones along your journey:
  • First debt paid off — the moment that proves the plan is working.
  • 25% of total debt eliminated — a quarter of the way there.
  • 50% of total debt eliminated — you’re halfway to debt-free.
  • 75% of total debt eliminated — the finish line is in sight.
  • Final debt paid — debt-free day — you’ve done it. Your debt is gone.
Each milestone is a reason to acknowledge the work you’ve put in and the discipline that got you there.