Use this calculator to see what it will take to pay off your credit card balance, and what you can change to meet your repayment goals.
Current outstanding balance on your credit card.
Pay off goal (in months)
Your goal for paying off this credit card. This is the number of months by which you would like to have completely paid off this credit card balance.
Current monthly payment
The amount you are currently paying per month on this credit card. Please enter the amount you actually pay, not the minimum payment. This amount is used to calculate how long it will take you to pay off your balance.
Planned additional monthly charges
Total new charges you expect to put on this credit card per month.
Interest rate (APR)
The annual percentage interest rate being charged for this credit card.
Your annual fee for this credit card, if any.
If you expect a major purchase beyond your normal charges, enter the amount to be spent here.
Months from now
Number of months before your major purchase will occur.
Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy with regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.