How long will it take to pay off my credit card?

Use our calculator by entering your balance, interest rate, and monthly payment. We'll show you the exact payoff date and total interest paid.

Should I pay more than the minimum payment?

Yes! Paying only the minimum can take decades and cost thousands in interest. Even $50 extra per month can save years and hundreds of dollars.

What is a good strategy to pay off credit cards?

Pay more than the minimum, consider balance transfers to lower rates, use the avalanche (highest rate first) or snowball (lowest balance first) method.

Credit Card Payoff Calculator

Card Details

Current Balance

Interest Rate (%)

Monthly Payment

Payoff Summary

Time to Pay Off

36 Months

(3.0 Years)

Total Interest Paid

$2,200,000