Time to pay off
3y 5m
Total interest$3,337
Total paid$10,137
First month's interest$142
Balance and interest
BalanceInterest paid
$6,800$5,100$3,400$1,700$0
Now25%50%75%End
Payoff time, total interest and what paying extra does
Results update as you type. Inputs are saved on this device.
Time to pay off
Card APRs above 20% compound against your balance every month. A modest increase in the monthly payment cuts both the payoff time and the total interest — this shows exactly how much.
A result of 50+ years means the selected payment does not reliably amortize the balance within the model's cap. When the payment is viable, the chart shows the slow early decline caused by monthly interest.
New purchases, variable APR changes, fees and declining percentage-based minimum payments are excluded. Stop adding charges to the modeled balance if the goal is to use the displayed payoff date.
Inputs are applied directly to standard finance formulas with monthly compounding where relevant. Results are estimates in the selected currency; they do not include every tax, fee, benefit, market event or local rule. Try a conservative and an optimistic case before making a decision.
Last reviewed: August 2026. Primary references include the IRS 2026, SSA, BLS CPI, U.S. DOL, CFPB.
A 2%-of-balance minimum goes mostly to interest, stretching payoff past a decade — or never clearing at all.
It depends on balance and APR, but it usually cuts years off the payoff and hundreds to thousands off the interest. The scenario cards show your case.
Highest APR first (avalanche) minimizes interest; smallest balance first (snowball) keeps momentum.
A 0% promotional period can save real interest, but check the 3–5% transfer fee and the rate after it ends.
All math runs in your browser and your inputs are never sent to a server. Settings are saved locally and share links encode the state in the URL. For information only — not investment or tax advice.