Credit Card Payoff Calculator — Debt‑Free Timeline
See your payoff date, total interest, and savings from extra payments.
Credit Card Payoff Calculator
Calculate how long it will take to pay off your credit card debt
Minimum payment is usually 2-3% of balance
How to Plan Your Debt Payoff
1) Enter Balances, APRs, and Payments
- Add each card balance, interest rate (APR), and current payment.
- Choose a strategy: avalanche (highest APR first) or snowball (lowest balance first).
2) Add Extra Payments and Compare
- Simulate extra monthly or one‑time payments to reduce interest.
- Review new payoff date and total interest savings.
Tips for Faster Payoff
- Focus on highest APR first (avalanche) for maximum interest savings.
- Automate payments and avoid new charges during payoff.
- Consider balance transfers cautiously—account for fees and promo periods.