Credit Card Payoff Calculator: How Long to Be Debt-Free?

Find out how long it will take to clear your credit card balance, how much interest it will cost, and what payment gets you debt-free by your goal date.

Time to pay off–
Total interest–
Total paid–
Payment needed to hit your goal–

Every extra dollar counts

Try a few payment amounts and watch how the payoff date and total interest change. If you have several cards, compare strategies in our debt snowball vs avalanche guide.

Stay out of debt for good

Once you’re debt-free, follow our rules for using a credit card wisely so you never pay interest again.

Frequently Asked Questions

Why does my balance barely move?

When most of your payment goes to interest, the principal falls slowly. Raising your payment even a little shifts more of it to principal.

Should I use a balance transfer?

A 0% balance transfer can save a lot of interest if you pay the balance before the promotion ends and stop adding new charges. Watch the transfer fee.

Which debt should I pay first?

Pay minimums on everything, then target either the highest APR (avalanche) or the smallest balance (snowball).

This content is for general information only and is not investment advice. Consider your own situation and consult a licensed professional before making financial decisions.