Find out how long a fixed monthly payment takes to wipe out a balance — and what it costs you in interest along the way. Enter your numbers, then open the full payoff calculator to test bigger payments and see the savings.
If your monthly payment is less than one month's interest, the balance grows instead of shrinking. Increase the payment until a payoff time appears.
How can I pay it off faster?
Even small increases to the monthly payment cut months and interest sharply. The full Credit Card Payoff calculator shows the exact savings for any payment.