Credit Card Payoff Calculator
Balance, APR, monthly payment — that's all you need to see when this card will be gone and what the interest really costs.
Frequently asked questions
How long will it take to pay off my credit card?
Enter your balance, APR, and the amount you pay monthly. The calculator simulates month by month: interest is added (APR ÷ 12), your payment is subtracted, and you get the exact number of months and the payoff date.
Why does paying only the minimum take so long?
Credit card minimums are designed to barely cover interest plus a sliver of principal. On a typical card, most of a minimum payment goes to interest, so the balance shrinks very slowly. Adding even a small fixed amount above the minimum shortens the timeline dramatically.
What APR should I enter?
Use the purchase APR from your latest statement. If you have a 0% promotional rate, enter 0 — but remember to plan for the rate after the promo ends.
I have several credit cards. What order should I pay them in?
Use the Debt Payoff Calculator to enter all your cards. It compares paying the highest APR first (avalanche, cheapest overall) against the smallest balance first (snowball, fastest wins) with real numbers.
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Calculations assume monthly compounding (APR ÷ 12) and fixed minimum payments. Eagle Debt Payoff is a planning tool, not financial advice.