Credit Card Payoff Calculator

The amount currently owed on the card — the starting point of the payoff simulation.

The yearly interest rate in percent, as quoted by the bank or lender — enter 5 for 5%.

Even a fraction of a percent compounds into a visible difference over a long term, so it pays to compare offers.

The fixed amount you pay every month. It must exceed the monthly interest charge, or the balance never falls.

Your deadline in months. The tool computes the fixed monthly payment that clears the balance exactly by then.