InternetActive Calculators™
Credit Card Payoff Calculator Help

Given the monthly payment, credit card balance, and interest rate, Credit Card Payoff Calculator will calculate the number of months it will take to pay off your credit card balance and the total interest paid over that time period.

To use Credit Card Payoff Calculator, simply enter the desired values in the boxes provided. Do not use any punctuation marks, including dollar signs, commas, and percentage signs. For example, to calculate how long it will take to pay off a $1,500 credit card debt at 19.8% interest rate per annum and you want the monthly payments to be $100, you would enter 100 in the monthly payment box, 1500 in the credit card balance box, and 19.8 in the interest rate box. When you click the calculate button, your results appear along with the values you entered.

Please note: Do not enter negative values. If you do, Credit Card Payoff Calculator will automatically enter a zero for that value, and will provide you with unreliable results.

If you wish to make another calculation, just click on the Recalculate button. And if you make an error inputting your values, simply click on the Reset button to start over.

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