◈ FINANCE Updated July 25, 2026

Credit Card Payoff Calculator

Find out what your card really costs at your current payment.

Card balance
APR (%)
Monthly payment
Result
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How it works

The balance is treated as a loan at your monthly periodic rate, so the payoff time is a logarithmic function of the payment size — pay only slightly more than the interest charge and the term stretches out dramatically.

Related tools

◨Compound Interest Calculator◈Loan Calculator◫Profit Margin Calculator

Frequently asked questions

Why does a small payment take forever?

Almost all of it goes to interest, so the principal barely moves. Raising the payment even slightly cuts years off the term.

Does it handle new spending?

No. It assumes you stop adding to the card while paying it down.

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