Credit card payoff calculator
Payoff date, interest, and extra payment plan
Interest saved
$695
Payoff comparison
Monthly compounding estimate with no new purchases.
Time saved
7 months
| Scenario | Payoff time | Interest | Total paid |
|---|---|---|---|
| Base payment | 2 yr 9 mo | $2,949.01 | $11,449.01 |
| With extra payment | 2 yr 2 mo | $2,253.81 | $10,753.81 |
| Transfer promo | 1 yr 9 mo | $158.06 | $8,913.06 |
First payoff rows
Month 1: $425.00 paid
$8,234.38 left
$159.38 interest
Month 2: $425.00 paid
$7,963.77 left
$154.39 interest
Month 3: $425.00 paid
$7,688.09 left
$149.32 interest
Month 4: $425.00 paid
$7,407.24 left
$144.15 interest
Month 5: $425.00 paid
$7,121.13 left
$138.89 interest
Month 6: $425.00 paid
$6,829.65 left
$133.52 interest
Month 7: $425.00 paid
$6,532.70 left
$128.06 interest
Month 8: $425.00 paid
$6,230.19 left
$122.49 interest
Payment pressure checks
Minimum payment rule
2% / $35
Uses the larger of the percentage floor and dollar floor before extra payment.
Final payment
$128.81
The last month is capped to the remaining balance plus interest.
Promo balance after intro period
$2,380.00
Remaining balance after promo months, before regular APR resumes.
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