Credit Card Payoff Calculator
Enter your card balance, APR and a fixed monthly payment to estimate the months to payoff, payoff date, total interest and a full schedule. Or set a target number of months to see the payment it would take. This is an educational estimate; nothing you enter leaves your device.
1. Your card
Educational estimate- No new purchases, fees or cash advances on the card.
- Monthly interest = opening balance × APR ÷ 12, rounded to the nearest cent / paisa.
- Payments are made at the end of each month, after interest is added.
- The one-time extra is paid with the first payment; the recurring extra with every payment.
2. Estimate
Fixed paymentReal card issuers may use daily balances, grace periods, fees, multiple APRs, different payment-allocation rules and changing rates, so actual results will differ. This is not financial advice.
3. Month-by-month schedule
| Month | Date | Opening balance | Interest | Payment | Closing balance |
|---|
About Credit Card Payoff Calculator
Credit Card Payoff Calculator estimates how long it will take to clear one credit card balance with a fixed monthly payment, how much interest you will pay in total and what each month looks like. In target mode it works the other way round and finds the smallest fixed payment that clears the balance within the number of months you choose.
Small changes to a card payment make a large difference to payoff time and interest because interest is charged on the remaining balance every month. Seeing the full schedule, including one-time and recurring extra payments, makes those trade-offs concrete.
Step by step
- Choose whether you know your monthly payment or want to finish within a target time.
- Enter the current balance and the card’s APR.
- Enter the fixed monthly payment, or the target number of months.
- Optionally add a one-time extra payment and a recurring monthly extra, and set the first payment month.
- Press Calculate payoff to see the months, payoff month, total interest, total paid and the month-by-month schedule, then copy or download the results.
What it offers
- Fixed-payment and target-duration modes
- One-time and recurring extra payments
- Months to payoff, payoff month, total interest and total paid
- Month-by-month schedule with opening balance, interest, payment and closing balance
- Exact whole-cent arithmetic, so schedule totals always add up
- Clear warning when a payment does not cover the monthly interest
- Copy or download a summary and download the schedule as CSV
Tips for best results
- Use the APR shown on your latest statement for purchases.
- Compare a few payment amounts to see how much interest each extra amount saves.
- Treat the result as an estimate: issuers calculate interest on daily balances and may add fees.
- Avoid new spending on the card while paying it down, as the calculator assumes no new purchases.
Why people use it
Clear timeline
See exactly when the balance could reach zero.
True cost
Total interest and total paid for your payment plan.
Plan backwards
Find the payment needed for a target date.
Private
Your figures stay in your browser.
Common questions
This runs entirely in your browser
No file or text you enter here is uploaded. Encoding and decoding happen on your device using native browser APIs — close the tab and nothing remains on a server.