Credit Card Calculator

Calculate payoff time, interest costs, and create a debt repayment strategy

✓ Payoff timeline ✓ Interest savings ✓ Payment strategies

Credit Card Payoff Calculator

Current Debt Information

Payment Strategy

Additional Options

About This Calculator

Calculate credit card payoff time and develop a debt repayment strategy

Key Metrics:

• Payoff time
• Total interest paid
• Monthly payment impact

Debt Payoff Tips

Pay More: Even $25 extra saves significantly
Stop Using: Don't add new charges
Avalanche Method: Pay highest rate first
Snowball Method: Pay smallest balance first
Balance Transfer: Consider lower rate cards
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How to Use

  1. Enter your current credit card balance
  2. Input the annual interest rate (APR)
  3. Set your planned monthly payment
  4. Add any extra payments you can make
  5. Include new purchases if applicable
  6. Review payoff timeline and interest costs

Debt Strategies

Debt Avalanche

Pay minimums on all cards, extra on highest interest rate.

Debt Snowball

Pay minimums on all cards, extra on smallest balance.

Balance Transfer

Move debt to lower interest rate card or 0% APR offer.