Credit Card Payoff Calculator
See what minimums really cost you.
Compare paying only minimums vs a fixed payoff amount on a credit card.
What you enter
- Card balance
- APR
- Fixed monthly payment
Worked example
With the default inputs:
- Card balance: $5,000
- APR: 24.99%
- Fixed monthly payment: $200
| Payoff time | 35.7 mo |
|---|---|
| Interest paid | $2,134.71 |
| Minimum-only payoff | Never |