Credit Card Payoff Calculator

Find out how long to pay off a credit card balance.

Fill in the fields below to calculate

Credit Card Balance ()

Annual Interest Rate (APR %)

Monthly Payment ()

Target Months to Payoff

Enter your values above to see the result.

Your Results

Total Interest

Total Paid

Math

Min Total Interest

Interest Savings

Balance Over Time Comparison

Monthly Interest Rate: APR ÷ 12 = % ÷ 12 = %

Total Interest: Total Paid − Balance = − =

Formula

n = -log(1 - (B × r / P)) / log(1 + r)

Where:

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Pro Tips

Results update as you type — change any field to see the effect immediately.

Check that every value uses the same unit before comparing results.

Use the copy button to paste the credit card payoff figures into a note or spreadsheet.

Nothing is sent to a server, so you can use this with private figures.