Free Calculator

Credit Card Payoff Calculator

See exactly how long it will take to pay off your credit card and how much interest you will pay. Compare minimum vs. accelerated payments.

Card Details

Average US credit card APR is ~24%

Payment Plan

Additional amount above your base payment

Quick Scenarios

100% PrivateInstant resultsReal APR formulas

Debt-Free Date

May 2029

36 monthsTotal paid $7,135

Interest

$2,135

Principal

$5,000

Min. Payment Only

236 mo

$9,278 interest

Your Plan

36 mo

$2,135 interest

Balance Over Time

Total Cost Breakdown

Paying $200/month saves you $7,143 in interest and gets you debt-free 200 months sooner than minimum payments only.

Payoff Strategies

Avalanche Method

Pay highest APR cards first. Saves the most interest.

Snowball Method

Pay smallest balances first. Best for motivation.

Balance Transfer

Move debt to a 0% APR card. Watch transfer fees.

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