Credit card payoff calculator
Type your card's balance, APR and what you pay each month. See when it's paid off and what it costs in interest, next to what happens if you pay a little more. Nothing you type leaves this page.
My card
Example: the credit card from the Debt Payoff Planner. Type over it with yours.
Paying $110 a month
- Paid off
- -
- Time
- -
- Total interest
- -
Paying $210 a month
- Paid off
- -
- Time
- -
- Total interest
- -
Assumes no new spending on the card and the same APR. Interest is worked out monthly and rounded to the cent, like most card statements. Not financial advice.
More than one card or loan?
Most people have a few debts. The free debt payoff calculator puts up to 8 of them in one plan and compares the snowball and the avalanche.
Your whole debt plan in one spreadsheetThe Debt Payoff Planner sorts your debts, builds the payoff schedule, logs every payment and shows your debt-free date. Excel and Google Sheets. $7.
Get the planner for $7See every tab first on the Debt Payoff Planner page.
Questions
Where do I find my APR?
On your card statement or in your banking app, usually called the purchase APR. If you have a 0% offer, use the APR that applies after the offer ends.
Why does the minimum payment take so long?
Most of a small payment goes to interest, so the balance barely moves. Any amount above the interest goes straight to the balance, which is why paying a little more shortens the time so much.
Does this include new purchases?
No. It assumes you stop using the card while you pay it off. New spending pushes the payoff date back.
Is my information saved or sent anywhere?
No. The math runs in your browser. Nothing you type leaves this page.