Credit Card Payoff Calculator
See how long it takes to pay off your credit card and how much interest you'll pay.
Months to Pay Off31
Years to Pay Off2.6
Total Interest Paid$1,132
Total Amount Paid$6,132
FAQ
What happens if I only pay the minimum?▼
Paying only the minimum (typically 1-3% of balance) means most of your payment goes to interest. A $5,000 balance at 22% APR with minimum payments could take 20+ years and cost over $10,000 in interest.
How can I pay off my card faster?▼
Pay more than the minimum, consider a balance transfer to a lower APR card, use the avalanche method (pay highest APR first), or the snowball method (pay smallest balance first for motivation).