Credit Card Payoff Calculator

This tool shows how long it will take to clear a credit card balance at a fixed monthly payment, plus how much interest you'll pay along the way.

Each month, interest accrues on your remaining balance at your APR divided by 12. Your payment first covers that interest, with the rest going toward the principal — the calculator simulates this month by month until your balance hits zero.

Example: On a $5,000 balance at 22.99% APR with $150 monthly payments, it takes about 46 months to pay off, and you'll pay roughly $1,820 in total interest along the way.