Credit Card Calculator
Calculate payoff time, total interest, and create a debt payoff strategy
Credit Card Details
Payoff Results
Enter your credit card details to calculate payoff time and interest.
Credit Card Debt Payoff Strategies
Debt Payoff Methods:
- • Debt Avalanche: Pay minimums on all cards, extra on highest APR
- • Debt Snowball: Pay minimums on all cards, extra on smallest balance
- • Balance Transfer: Move debt to lower APR card
- • Debt Consolidation: Combine debts into single lower-rate loan
Tips to Pay Off Faster:
- • Pay more than the minimum whenever possible
- • Make bi-weekly payments instead of monthly
- • Use windfalls (tax refunds, bonuses) for extra payments
- • Stop using credit cards for new purchases
- • Consider a side hustle to increase income
Important Warning:
Making only minimum payments can result in paying for decades and thousands in interest. Credit card debt compounds quickly due to high interest rates. Always try to pay more than the minimum to save money and pay off debt faster.