Credit Card Payoff Calculator

Estimate a debt payment and total interest from balance, rate and payoff term.

Enter values and select Calculate to see your result.

Estimate a debt payment and total interest from balance, rate and payoff term

Compare a planned payoff term with the balance and rate. Issuer fees and new charges are not included.

View formula

Payment = balance × monthly rate ÷ (1 − (1 + monthly rate)^−months).