Credit Card Payoff Calculator
Calculate payoff time and total interest for a credit card balance. Choose payoff by monthly payment or by target months, then export the schedule to CSV.
Monthly payment
$250.00
Balance: $6,200
Payoff estimate
2y 10m
Total interest: $2,278
Note
This model assumes a fixed APR and fixed payment. Real cards can have variable rates and new purchases.
| Month | Payment | Interest | Balance |
|---|---|---|---|
| 1 | $250.00 | $118.32 | $6,068.32 |
| 2 | $250.00 | $115.80 | $5,934.12 |
| 3 | $250.00 | $113.24 | $5,797.36 |
| 4 | $250.00 | $110.63 | $5,658.00 |
| 5 | $250.00 | $107.97 | $5,515.97 |
| 6 | $250.00 | $105.26 | $5,371.23 |
| 7 | $250.00 | $102.50 | $5,223.73 |
| 8 | $250.00 | $99.69 | $5,073.42 |
| 9 | $250.00 | $96.82 | $4,920.24 |
| 10 | $250.00 | $93.89 | $4,764.13 |
| 11 | $250.00 | $90.92 | $4,605.05 |
| 12 | $250.00 | $87.88 | $4,442.93 |
| 13 | $250.00 | $84.79 | $4,277.71 |
| 14 | $250.00 | $81.63 | $4,109.35 |
| 15 | $250.00 | $78.42 | $3,937.77 |
| 16 | $250.00 | $75.15 | $3,762.91 |
| 17 | $250.00 | $71.81 | $3,584.72 |
| 18 | $250.00 | $68.41 | $3,403.13 |
| 19 | $250.00 | $64.94 | $3,218.07 |
| 20 | $250.00 | $61.41 | $3,029.48 |
| 21 | $250.00 | $57.81 | $2,837.30 |
| 22 | $250.00 | $54.15 | $2,641.44 |
| 23 | $250.00 | $50.41 | $2,441.85 |
| 24 | $250.00 | $46.60 | $2,238.45 |
Our credit card payoff calculator helps you understand how payment size affects payoff time and interest. Export the schedule if you want to compare multiple scenarios in a spreadsheet.
Common Use Cases
- ✓Payoff planning
Estimate how long it could take to pay off a balance with a fixed monthly payment.
- ✓Target date payoff
Set a target number of months and compute the payment needed.
- ✓Comparing payments
Increase payment to see how much interest you can save.
- ✓Spreadsheet export
Export the payoff schedule as CSV.
Key Features
Two payoff modes
Calculate by monthly payment or by target payoff months.
Schedule preview
View the first 24 months and export the full schedule.
Copy + CSV export
Copy a summary and download a schedule CSV.
Privacy-first
Runs in your browser—no sign-up and no data stored.
Frequently Asked Questions
Why is my payment too low?
If your payment doesn’t cover monthly interest, the balance can grow. Increase payment to avoid negative amortization.
Does this include new purchases?
No. This assumes no new purchases and a fixed APR. New spending will change results.
Is APR fixed for credit cards?
Often it is variable. This tool uses a fixed APR for planning and comparison.
Can I export the payoff schedule?
Yes—download a full month-by-month CSV schedule.