Debt payoff
Estimate a credit-card payoff date with a fixed payment, a declining minimum or the payment required for a target term, including promotional APR and new charges.
Estimated debt-free date
Dec 2029
Payoff term
40 months
Total interest
$3,796.69
Total paid
$11,796.69
First payment
$300.00
Final payment
$96.69
New purchases and fees
$0.00
Projected card balance
Hover, tap or focus a column to see its exact value.
Dated payoff schedule
Monthly statement approximation using the APR and charges entered above.
| Date | APR | Interest | Charges | Payment | Balance |
|---|---|---|---|---|---|
| Sep 2026 | 24.99% | $166.60 | $0.00 | $300.00 | $7,866.60 |
| Oct 2026 | 24.99% | $163.82 | $0.00 | $300.00 | $7,730.42 |
| Nov 2026 | 24.99% | $160.99 | $0.00 | $300.00 | $7,591.41 |
| Dec 2026 | 24.99% | $158.09 | $0.00 | $300.00 | $7,449.50 |
| Jan 2027 | 24.99% | $155.14 | $0.00 | $300.00 | $7,304.63 |
| Feb 2027 | 24.99% | $152.12 | $0.00 | $300.00 | $7,156.75 |
| Mar 2027 | 24.99% | $149.04 | $0.00 | $300.00 | $7,005.79 |
| Apr 2027 | 24.99% | $145.90 | $0.00 | $300.00 | $6,851.69 |
| May 2027 | 24.99% | $142.69 | $0.00 | $300.00 | $6,694.38 |
| Jun 2027 | 24.99% | $139.41 | $0.00 | $300.00 | $6,533.79 |
| Jul 2027 | 24.99% | $136.07 | $0.00 | $300.00 | $6,369.85 |
| Aug 2027 | 24.99% | $132.65 | $0.00 | $300.00 | $6,202.50 |
Issuer minimums and daily balance methods can differ. Use your statement balance and APR for a closer estimate.
Calculation method
The simulation selects the promotional or regular APR for each month, adds recurring charges, then applies the selected payment. Target-term mode repeatedly tests a payment until the balance reaches zero within the chosen number of months. The last payment is reduced so total paid is not overstated.
Detailed guide
The credit card payoff calculator models a single revolving balance month by month. You can hold the payment fixed, use a simplified issuer minimum, or solve for the monthly payment required to reach a target term.
A promotional APR can run for a chosen number of months before the regular APR begins. Optional recurring purchases or fees reveal whether continued card use prevents the balance from declining.
The simulation selects the promotional or regular APR for each month, adds recurring charges, then applies the selected payment. Target-term mode repeatedly tests a payment until the balance reaches zero within the chosen number of months. The last payment is reduced so total paid is not overstated.
Many issuers calculate interest from average daily balance, so a statement can differ slightly from this monthly model even when APR is unchanged.
Decision guide
Google leaders explain how minimum payments, promotional and regular APRs, new charges, and payment size change the payoff date. The calculator now exposes each of those assumptions so a plan can be tested instead of silently assuming them away.
Cards commonly accrue interest using daily balances and statement cycles, while the calculator uses a simplified monthly model. Enter the promotional APR and duration separately from the later regular APR, and include any transfer fee in the starting balance.
Minimum payments can decline with the balance and extend repayment. Keeping a higher fixed amount sends more money to principal over time. Compare several affordable payments by payoff month and total interest rather than choosing one that leaves no budget margin.
New purchases, fees, and missed-payment charges can invalidate the plan. Use a separate spending method if possible and keep a small cash reserve so an unexpected expense does not return to the card. Confirm how payments are allocated when multiple APR balances exist.
Save a baseline, then change only one input at a time: amount, rate, term, or recurring payment. Record the supporting outputs as well as the headline result—contributions, interest, total cost, remaining balance, or target date. This isolates the assumption that actually changes the decision instead of hiding it inside several simultaneous edits.
Do not tune every assumption until the calculator produces a preferred answer. Start with a cautious case, follow with a central case, and treat the favorable case as an upside scenario. A calculator result is not a lender quote, market forecast, or tax determination; actual dates, rounding, fees, contract rules, and required payments must be checked in primary documents.
Keep enough precision in the inputs and round only the output used for a decision. If the estimate supports a transaction, loan, tax calculation, or long-term plan, repeat it with figures from the contract or official statement. Any difference helps identify the assumption that still needs verification.
Choose a number of months to solve for the required monthly payment. The dated schedule shows the resulting debt-free month and final smaller payment.
The promotional APR applies first, then the regular APR. Balance-transfer fees must be entered as part of the starting balance or monthly fees.
The modeled minimum can fall as the balance declines. Actual issuer formulas may add interest, fees or a principal percentage differently.
Interest and new charges keep pace with the selected payment, or the resulting schedule exceeds the 100-year safety limit. Increase payment or reduce ongoing charges.
Yes, when you enter a recurring monthly amount. A zero value models no new card use.
Yes. Select the target-term plan and enter the number of months; the calculator solves the monthly payment and shows the dated schedule.
This page models one card. The debt payoff calculator coordinates several balances using snowball or avalanche priority.
These primary sources explain the rules and concepts referenced by this calculator. Dated limits are used only where the calculator explicitly identifies the applicable year.
Updated: August 1, 2026
Useful comparisons
Calculate fixed or declining payments, total interest and a downloadable amortization schedule.
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Compare snowball and avalanche schedules across up to twenty debts with a fixed monthly budget, annual extras, multiple one-time payments and optional consolidation.