Credit Card Payoff Calculator
Enter your card balance, interest rate (APR), and the monthly payment you can make. We estimate your debt-free date and the total interest you would pay — and show how a little extra each month changes the picture.
Debt-free date
June 2031
4 years 7 months from now
Total interest
$4,460.66
on top of your balance
Total paid
$10,960.66
$200 per month
How the estimate works
Each month we add interest (balance × APR ÷ 12), apply your payment, and repeat until the balance reaches zero. It's a transparent estimate — your card issuer's exact method (like daily compounding or fees) can shift real numbers slightly.
Want to see every debt in one plan?
Debt Loop tracks all your cards and loans together, compares snowball vs. avalanche strategies, logs your payments, and celebrates your milestones along the way.
Make my payoff plan — freeDebt Loop is an educational tool. These estimates are for planning only and are not financial, legal, or tax advice.