Credit Card Calculator

It's best not to carry any credit card debt at all, as the interest rates are terribly high. By carrying credit card debt you're hurting yourself and helping your credit card company. With this calculator you can set payoff goal dates and find out how much you'll need to pay each month to payoff your credit cards completely. If you can afford the "monthly payment required to achieve payoff goal", try selecting an earlier date. Your goal should be to payoff your credit cards as quickly as possible!

Credit Card Payoff Goal Calculator

Find out what your monthly payments need to be to pay off your credit cards by your targeted goal date.

Enter the principal balance owed:
Enter the annual interest rate:
Select the payoff goal month and year:
Monthly payment required to achieve payoff goal:
Number of payments between now and payoff:
Total interest cost between now and payoff:

What You Should Know