Credit Card Payoff Calculator

See exactly how long it takes to become debt-free — and how much interest you'll pay.

Your Debt Details

Current Balance ($)

APR / Interest Rate (%)

Find this on your statement or card app. The average is ~21%.

Payment Mode

Monthly Payment ($)

Must be more than the monthly interest charge to make progress.

Your Payoff Plan

Enter your balance, APR, and payment to see your payoff plan.

How this works: We calculate payoff using standard amortization: each month, interest accrues on the remaining balance (APR ÷ 12), and your payment reduces the principal. The "pay more" insight uses a $50 increment. This calculator does not account for fees, minimum payments, or changes in APR. Build your emergency fund so debt doesn't grow back → | Budget Calculator — plan where your money goes → | More money guides →