Credit Card Payoff Calculator
Months and interest to clear a card balance.
Inputs
- Balance
- APR (% per year)
- Monthly payment
How it is calculated
Each month: interest = balance × APR ÷ 12, then the payment reduces the balance.
Months and interest to clear a card balance.
Each month: interest = balance × APR ÷ 12, then the payment reduces the balance.