Credit Card Payoff Calculator

It’s a tool that helps you estimate how long it will take to pay off your credit card debt and how much interest you’ll pay based on your balance, interest rate, and monthly payments.

This calculator is designed for one credit card at a time. You can run it separately for each card or use a more advanced tool for consolidated credit card debts.

Increasing your monthly payment will reduce the time it takes to pay off the balance and lower the total interest paid. The calculator will instantly show you how this affects your payoff timeline.

If you only make minimum payments, most of your money goes toward interest. Paying more each month significantly shortens the repayment period and reduces interest.

The result is an estimate. Real outcomes may vary slightly based on your credit card provider’s compounding frequency, fees, or other terms.