Free · No signup · Private
Credit Card Payoff Calculator
Free credit card payoff calculator: see how many months it takes to clear your balance, the total interest, and how much you save by paying more than the minimum.
Your card
Debt-free in
2 yrs 10 mo
| Monthly payment | $200 |
| Total interest | $1,464 |
| Total paid | $6,464 |
| Paying only the minimum (~$100) | 10 yrs, $6,946 interest |
Interest is charged monthly at the yearly rate ÷ 12, with no new spending or fees. Real cards may charge interest daily. Not legal, tax or financial advice. 🔒 Everything stays on your device.
📚 Official sources: Moneysmart: credit cards
We build every tool from the official rules and re-check them when they change. Always confirm with the official source before you rely on a result.
🛠️ Spotted a mistake or an out-of-date rule? Tell us
Questions people ask
How long will it take to pay off my credit card?+
Enter your balance, interest rate and monthly payment above. Paying only the minimum can take many years and cost thousands in interest.
How much should I pay each month?+
Choose 'I want it gone by a date' and enter the months; the calculator shows the payment needed.
Should I do a balance transfer?+
A 0% balance transfer can help if you clear the card before the offer ends; check the transfer fee and the rate after.