How do I work out how long it will take to pay off my credit card?

Enter your Card balance, APR and Monthly payment. The tool shows Time to pay off, Total interest and Total paid. Interest is compounded monthly at APR divided by 12.

How much do I need to pay each month to clear my card in 2 years?

Switch to By payoff time, enter the number of months in Pay off within (up to 600), and the tool shows the Required monthly payment, total interest and total paid.

Why does it say my balance never gets paid off?

Your monthly payment is not larger than one month of interest on the balance, so the balance never shrinks. Raise the Monthly payment above the first month's interest, or check that the APR is entered correctly.

How is the minimum-payment comparison calculated?

It assumes a minimum of about 2 percent of the current balance, with a floor of 25, recalculated each month as the balance falls. It then shows how long that path takes and the interest it costs.

Will this match my card statement exactly?

Not exactly. The tool uses a flat monthly rate and a fixed payment, while issuers often charge interest daily and set minimums differently. It also supports eight currencies, including USD, EUR and GBP. Treat results as estimates.

Yes. Every tool is free to use, with no account and no credit card. The work runs on your device rather than on our servers, which is what keeps it free to run.

Does it work on mobile?

Yes. It runs in current mobile browsers on iOS and Android, with nothing to install.

💳

Free Credit Card Payoff Calculator

Find out how long it takes to clear a credit card balance and how much interest you will pay.

Runs in your browserNo sign-up, no pop-upsNo login requiredFree foreverMinimum comparisonInterest cost

Works offline once loaded

See how many months it takes to clear a credit card balance at a fixed monthly payment, and how much interest you pay versus making only the minimum.

Currency

Card balance

APR

Monthly payment

$/mo

Time to pay off

2 yr 2 mo

Total interest

$1,286

Total paid

$6,286

💡 Paying only the ~2% minimum would take 68 yr 1 mo and cost $35,958 in interest.

⚠️ Estimates only. Card issuers calculate interest daily and minimums differently — treat this as a guide.

🔒 All figures are calculated in your browser — nothing is uploaded.

Common uses

Pay Off a Credit CardSee how long to clear one card balance.
Minimum Payment TrapSee the cost of paying only the minimum.
Credit Card Interest CostFind the total interest you will pay.
How Long to Pay OffEstimate the payoff timeline.
Clear It in 12 MonthsFind the payment to be debt-free in a year.
Balance Transfer CheckSense-check a balance-transfer plan.

How It Works

See exactly how many months it takes to clear a credit-card balance at a fixed monthly payment, how much interest you pay, and how that compares with making only the minimum payment. Calculated entirely in your browser.

1
Enter the balance
Your current card balance and its APR.
2
Set a payment
The fixed amount you plan to pay each month.
3
See the timeline
Months to payoff, total interest and total paid.
4
Compare
See how much longer and costlier the minimum-only path is.

All figures are calculated in your browser — nothing is uploaded.

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Free Credit Card Payoff Calculator

Common uses

How It Works

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Frequently Asked Questions