Use this calculator to see what it will take to payoff your credit card
balance, and what you can change to meet your repayment goals.
- Current balance
- Current outstanding balance on your credit card.
- Payoff goal (in months)
- Your goal for paying off this credit card. This
is the number of months by which you would like to have completely paid off
this credit card balance.
- Current monthly payment
- The amount you are currently paying per month on
this credit card. Please enter the amount you actually pay, not the minimum
payment. This amount is used to calculate how long it will take you to pay off
- New charges per month
- Total new charges you expect to put on this credit
card per month.
- Interest rate (APR)
- The annual percentage rate for this credit card.
- Annual fee
- Your annual fee for this credit card.
- Major purchase
- If you expect a major purchase beyond your normal charges,
enter the amount to be spent here.
- Months from now
Number of months before your major purchase will occur.