🧮
Credit Card Payoff Calculator
🇺🇸
English
Calculators
Inputs
Calculation Type
Minimum Payment Only
Fixed Monthly Payment
Payoff Goal (Months)
Current Balance
$
Annual Interest Rate (APR)
%
Results
Time to Pay Off
5 years 4 months
Total Interest Paid
$2,953.10
Total Payments
$7,953.10
Payment Information
Minimum Payment:
$125.00
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Guide
How to Use This Calculator
Enter your current credit card balance
Input your card's annual interest rate (APR)
Choose your payment strategy
Set your monthly payment amount
Compare different payoff scenarios
Debt Payoff Strategies
• Pay more than minimum to reduce interest
• Use debt avalanche method (highest interest first)
• Consider balance transfers for lower rates
• Avoid new charges while paying off debt
Credit Card Tips
• Pay more than the minimum to save on interest
• Consider balance transfers for lower rates
• Use avalanche method for highest rate cards first
• Avoid new charges while paying off debt