Enter your balance, APR, and monthly payment to see exactly how many months until you are debt-free and how much interest the card will collect.
How it works
- Enter your current total credit card balance.
- Type in your card's exact APR and your planned monthly payment.
- Review the projected payoff timeline and total interest cost.
Frequently asked questions
Why does paying a little more help so much?
Extra payment goes 100% to principal, which shrinks every future interest charge — the effect compounds in your favor.
What is a typical card APR?
Often 20–30%. At those rates, minimum payments can take decades to clear a balance.
Minimum payment vs fixed payment?
Minimums shrink as the balance falls, stretching payoff time enormously. A fixed payment, as modeled here, is far faster.