Credit Card Payoff Calculator
See exactly when a single card will be paid off — and the interest cost.
Open the Interactive CalculatorHow It's Calculated
Each month, Interest = Balance × (APR ÷ 12) is added, then your payment reduces the balance. This repeats until the balance reaches zero.
Example
Example: a $6,000 balance at 24% APR with a fixed $250/month payment takes about 29 months to pay off, costing roughly $1,300 in total interest.
Frequently Asked Questions
Why does my balance barely move some months?
At high APRs, a large share of your payment goes to interest first — increasing your payment amount dramatically speeds up payoff.
Should I pay more than the minimum?
Yes — minimum payments are designed to maximize interest paid over time. Any amount above the minimum accelerates payoff significantly.