Credit Card Payoff Calculator

See how long it takes to clear your credit-card balance and how much interest it costs at a fixed monthly payment — and whether your payment is high enough to ever clear it.

How it works

Each month interest is added at i = APR ÷ 1200, then your payment is subtracted: Balance = Balance × (1 + i) − Payment.
If the monthly payment is less than the first month's interest, the balance never reduces — pay more than the interest to make progress.