Payoff Credit Card Calculator
Credit Card Payoff Calculator
Use our Credit Card Payoff Calculator to see how quickly you can pay off your balance, how much interest you’ll pay, and how various payment strategies can help you save.
Enter Your Credit Card Details
Enter your current balance and annual APR. This information determines your payoff schedule and interest calculations.
Choose a Payment Strategy
Choose fixed monthly payments, a target payoff period, or minimum payments. You may also add extra payments to accelerate your debt repayment.
Review Results and Export
Review your payoff timeline, total interest, and final payoff date. Use the chart, table, and export options in Excel or PDF to support your planning.
Frequently Asked Questions
- How does the Credit Card Payoff Calculator work?
The calculator estimates how long it will take to pay off your balance based on your APR, payment strategy, and any extra payments. It also shows total interest and payoff date.
- Can I see how extra payments affect my payoff time?
Yes. Adding extra monthly payments will immediately show how much sooner you can pay off your debt and how much interest you will save.
- What if I only make the minimum payment?
If you choose minimum payments, the calculator shows a much longer payoff time and higher total interest, helping you understand the cost of paying just the minimum.
Find a Calculator
Search by name or filter by category to jump right in.