Credit Card Payoff Calculator
Time to be credit-card debt free — and the interest bill.
Months to pay off:
Total interest paid:
Total paid:
How to use this calculator
Enter your balance, APR and monthly payment, then press Calculate. Months to payoff, total interest and total paid are shown.
What the result means
Total interest is the real cost of carrying the balance. If your payment is below the monthly interest, the calculator flags that you'd never pay it off.
Frequently asked questions
What's the fastest way to pay off a card?
Pay more than the minimum, attack the highest-rate card first, and stop adding new charges.
What is the 'never pays off' warning?
When your payment is less than the monthly interest, the balance grows despite your payments.