Stable Numbers
Credit Card Payoff Calculator
See how long a balance will take to clear with minimum payments, a fixed monthly amount or a solved payment to hit a deadline. Get months to repay, total interest and a full schedule you can export.
Interest accrues daily on most credit cards. This tool uses a daily rate from your APR and a standard month length for each cycle.
Payment each month is the greater of the percentage and the floor.
If the fixed amount is too low to cover interest, the tool will warn you.
The solver finds the constant monthly payment required to finish in this time.
Optional one-off payment
Applied before interest in the first cycle.
Interest uses a daily rate from your APR with a standard 30.44 day cycle. Final month trims to clear the balance exactly.
Show monthly schedule
| # | Start balance | Interest | Payment | Principal | End balance |
|---|---|---|---|---|---|
Rounding is to two decimals for display. Small differences can occur.
About this calculator
Credit cards usually compute interest daily and add it to your statement each cycle. Paying only the minimum keeps the account in good standing, but it is designed to protect the lender rather than clear the balance quickly. This tool lets you compare three approaches so you can choose a plan that fits your budget and clears the debt in a sensible time.
In Minimum payments mode, the monthly repayment is the greater of a percentage of the statement balance or a flat floor. Many issuers use a rule in this style. Minimums fall as the balance falls, which can stretch out the timeline. In Fixed payment mode you pick a steady amount to pay each month. If the figure does not even cover the interest, the balance grows, which is a red flag. In Solve payment mode you set a target number of months and the calculator finds the monthly amount needed to finish within that time, trimming the last payment to clear the exact remainder.
The schedule shows how much of each payment goes to interest and how much goes to principal. You can include a one-off payment in the first month to see how a lump sum shortens the timeline. Results are approximations based on a standard month length and simple interest accrual. Issuers have their own statement dates, grace rules and rounding. Treat this as a planning guide and check your card terms for the fine detail.
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