Credit Card Payoff Calculator

Credit Card Debt Payoff Calculator: What will it take to pay off my credit card balance? This calculator determines the monthly payment required to pay off your credit card debt, and what you can change to meet your credit card repayment goals.

This Financial Calculator requires SUN's Java™ Plug-in. If you see this message you will need to download SUN's Java™ Plug-in. This can be done automatically by clicking the yellow bar at the top of your browser and choosing “Install ActiveX Control”.
    You can also get SUN's Java™ Plug-in here: Get the Java™ Plug-in!

    For more information about this Plug-in please visit: SUN's Java™ Plug-in
    For more information these financial calculators please visit: Financial Calculators from KJE Computer Solutions, LLC

Credit Card Payoff Calculator - Definitions

Current Credit Card balance - Current outstanding balance on your credit card.

Payoff 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 credit card payment - The amount you are currently paying per month on this credit card. Please enter the amount you actually pay, not the minimum credit card payment. This amount is used to calculate how long it will take you to payoff your credit card balance using this credit card calculator.

Planned additional monthly charges - Total new charges you expect to put on this credit card per month.

Credit Card Interest rate (APR) - The annual percentage interest rate being charged for this credit card.

Credit Card Annual fee - Your annual fee for this credit card.

Major Credit Card purchase - If you expect a major credit card purchase beyond your normal charges, enter the amount to be spent here. Always compare credit card for the one that best fit your use.



Months from now - Number of months before your major credit card purchase will occur.



CalculatorPlus offers investors and savers free finance and CD calculator, as well as mortgage loan calculator for homeowners and investors to make the right borrowing and financial decisions. In addition, users and retirees planning for their retirement can take advantage of our 401k retirement calculator.


Credit Card MarketPlace