Credit Card Payoff Calculator

See how long it may take to pay off your credit card and how extra payments can reduce interest.

Card details

Current balance

$8,000

Monthly payment

$350

Interest saved vs. minimum

$0
Avoid new charges to pay your balance down faster.

Payoff schedule

Review your credit card balance and interest by year.

YearStarting balancePaymentsInterest paidEnding balance

How this payoff calculator works

The calculator applies the stated APR monthly, adds any new charges, then applies your selected payment. Credit card terms and minimum-payment rules vary, so use this as a planning estimate only.