Use our free Credit Card Payoff Calculator to estimate how long it will take to pay off your credit card debt. Adjust balance, interest rate, and monthly payment to find your debt-free date.
Estimated Months to Payoff: 0
Total Interest Paid: $0
Steps to Use the Personal Loan Calculator:
Enter or adjust your credit card balance using the slider.
Select your annual interest rate (%).
Choose the monthly payment amount you can afford.
The calculator instantly shows your estimated payoff time in months.
Review the total interest paid to understand the cost of repayment.
The calculator uses an amortization-based formula to estimate payoff time:
👉 For payoff, we simulate month by month:
A credit card payoff calculator helps estimate how long it will take to pay off your credit card debt and how much interest you’ll pay based on your balance, APR, and monthly payment.
If your monthly payment is less than the interest charged, your balance will continue to grow. You need to increase payments above the minimum to pay off debt.
Yes. Increasing your monthly payment reduces the payoff period and total interest paid.
No. The calculator only accounts for balance, APR, and payments. Late fees or extra charges are not included.
It provides a close estimate. Actual payoff may vary based on daily interest accrual, compounding, or lender-specific policies.
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