About the Credit Card Payoff Calculator
Find how long it takes to pay off a credit card with a fixed payment, or the payment needed to clear it by a target date.
Also known as: credit card payoff, pay off credit card, credit card debt calculator, payment duration calculator, credit card repayment.
How to use this calculator
- Enter card balance, apr, i want to and the other fields.
- The result updates instantly as you type — press Calculate (or Enter) at any time.
- Review the breakdown shown under the main result.
- Use Copy result or Share to save the answer or send a link with your inputs.
Formula
Monthly interest = balance × APR ÷ 12
Worked example
Using the values pre-filled in the calculator above:
- Card balance = 5,000
- APR = 24.99 %
- I want to: Pay a fixed amount
- Monthly payment = 200
the calculator returns:
- Time to pay off: 3 yr 0 mo
- Total interest: 2,135.16
- Total paid: 7,135.16