Debt
Credit card payoff calculator
Estimate payoff time and interest from a fixed monthly card payment.
How to use this calculator
Enter Card balance, Annual percentage rate and Monthly payment. Estimate payoff time and interest from a fixed monthly card payment. The answer updates when you change an input.
Understanding the result
A fixed payment above monthly interest gradually reduces principal until payoff.
Common questions
What assumptions does this result use?
No new purchases or fees, fixed APR/payment, monthly compounding; the final payment may be smaller.
Are intermediate values rounded?
No. The calculation retains JavaScript number precision internally and formats only the displayed result unless the stated method requires a discrete whole value.