Credit Card Debt Payoff Calculator
Focus on revolving card debt: enter balance and APR, then choose a fixed payment or a target payoff date to see interest cost and total paid. Click any i for detail.
Card debt & payoff plan
Card debt balance ($)
i
Card debt balance
Revolving credit card debt you want to eliminate (one card or a combined target). |
|
|---|---|
Purchase APR (%)
i
APR
Card purchase APR used for monthly interest. Promo 0% can be entered for the promo window only. |
|
Plan mode
i
Plan mode
Fixed payment: how long until debt is gone. Target months: what payment hits that date. |
|
Monthly payment ($)
i
Monthly payment
Amount you will send every month toward card debt (above the issuer minimum). |
|
Target payoff (months)
i
Target months
How many months until you want card debt at zero. |
How to use this calculator
- Enter your card debt balance and APR.
- Choose fixed payment or target payoff months.
- Adjust the payment or timeline.
- Read payoff time, interest, and total paid on the debt.
Results explained
The headline is either your monthly payment toward card debt or the payment required to hit a target date. Interest assumes a constant APR and no new charges.
Quick reference: card debt payoff
Same amortization idea as a loan, applied to revolving card debt.
| Item | Detail |
|---|---|
| Monthly interest | Balance × APR ÷ 12 |
| Fixed payoff | Simulate until card debt clears |
| Target payment | Amortizing PMT for N months |
Paying only the issuer minimum? See the minimum payment calculator. For a general card payoff cousin, try the credit card payoff calculator.
How the estimate is built
Each month interest accrues on remaining card debt, then your payment reduces principal. Fixed mode runs until paid off (or flags if payment ≤ interest). Target mode solves the classic payment formula for N months.
Example scenario
$9,200 of card debt at 22.99% APR with $375/month typically takes a few years and substantial interest — raising the payment shortens both time and interest cost.
FAQ
How is this different from the credit card payoff calculator?
Same core math — this page emphasizes card debt framing and links back to the general payoff tool for side-by-side planning.
Does this include new purchases?
No — model a payoff plan as if the cards are frozen for new charges.
What about minimum payments only?
Minimums often barely cover interest. Use fixed mode with a real budget number, or check the minimum-payment tool.
0% promo APR on card debt?
Set APR to 0 for the promo months only; when the promo ends, re-run with the go-to rate.