Credit Card Payoff Calculator
A fixed monthly payment turns an open-ended card balance into a plan with an end date. This shows how long it takes and what it costs in interest.
Results
How it works
Interest is added monthly at APR / 12, then the payment is applied. The target payment uses the standard amortization formula.
FAQ
Why does it say never?
If the payment does not cover the monthly interest, the balance never falls. Raise the payment.
Does this include new purchases?
No. It assumes you stop adding to the card.
What about a balance transfer?
Run it with the promo APR and the transfer fee added to the balance.
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Estimates, not tax or financial advice. Check important numbers with a qualified professional.