Credit Card Payoff Calculator
Find out how many months it takes to pay off a credit card balance, and how much interest you pay along the way.
About the Credit Card Calculator
Solving the amortization equation for n gives n = −ln(1−i×B/m)/ln(1+i). The payment must exceed the monthly interest (B×i) or the balance never falls. Paying just a little more each month cuts the time dramatically.
Informational only, not financial advice.