Calculators · Credit card payoff

Credit card payoff calculator.

See exactly how long it'll take to clear a credit card — and what that interest actually costs you — based on your balance, APR, and monthly payment.

Illustration only. Assumes fixed APR and monthly compounding. Actual card terms may include variable APR, fees, and changing minimums.

Want to pay it off faster?

A fixed-rate personal loan can replace high-APR card balances with one predictable payment — often cutting years off your payoff and thousands in interest.

Frequently asked

• How does the credit card payoff calculator work?

  Enter your current balance, the card's APR, and what you can pay each month. The calculator simulates each monthly payment, applying interest first and principal second, until the balance hits zero — so you see your real payoff date and total interest.

• Why does paying only the minimum take so long?

  Credit card minimums are typically 1–3% of the balance. At high APRs, most of that minimum payment goes to interest — so the principal barely shrinks. Increasing your payment by even $50/month can cut your payoff time by years.

• Is consolidating into a personal loan faster than paying down a card?

  Usually yes. A personal loan locks in a fixed lower APR and a fixed payoff date, so every payment chips away at principal at a predictable rate. Use the debt consolidation calculator to compare side-by-side.

• Does this calculator save my data?

  No. It runs entirely in your browser. Nothing is submitted or stored.

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