Credit Card Payoff Calculator
Calculate how long it will take to pay off a credit card balance and how much interest you'll pay, free and instant in your browser.
Enter Values
Before you rely on this: Estimates only — not financial, tax or legal advice. Confirm current rates, fees and rules before relying on these figures.
How to use this calculator
- Enter your balance, APR and monthly payment.
- Read how long it takes and the total interest.
How it works
Each month adds APR ÷ 12 interest, then subtracts your payment. If the payment is below the first month's interest, the balance never clears.
Worked example
$5,000 at 19.99%, $250/mo. ≈ 24 months and roughly $1,100 interest.
Tips
- Estimate only — not financial advice.
Frequently asked questions
Why pay more than the minimum?
Minimums are mostly interest — even small extra payments cut months and hundreds in interest.
Privacy?
Runs entirely in your browser. Your inputs are not saved or transmitted.
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Cite this tool
Zerdly. (2026). Credit Card Payoff Calculator. Retrieved from https://www.zerdly.com/tools/credit-card-payoff-calculator/
Tip: Enter any known values to calculate the remaining results.
Designed to run locally in your browser. Tool inputs are not intentionally stored by Zerdly unless stated otherwise.