Credit Card Payoff Calculator
Calculate how long to pay off credit card debt and how much interest you'll pay. See the impact of extra payments.
—
Months to Pay Off
—
Total Interest
—
Total Paid
—
Payoff Date
Credit Card Payoff FAQ
How long will it take to pay off my credit card?
It depends on your balance, APR, and monthly payment. Making only minimum payments on a $5,000 balance at 22% APR could take over 20 years and cost $8,000+ in interest.
How can I pay off credit cards faster?
Use the avalanche method (pay highest APR first) or snowball method (pay smallest balance first). Even $50-100 extra per month dramatically reduces payoff time.
Should I do a balance transfer?
A 0% APR balance transfer can save significant interest, but watch for transfer fees (typically 3-5%) and have a plan to pay off before the promotional period ends.