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Credit Card Payoff Calculator

Calculate how many months it takes to pay off a credit card balance and the total interest paid at a given APR and monthly payment.

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Currency for this calculator
Time to Pay Off
2y 6m (30 months)
  • Total Interest Paid$1,355.71
  • Total Paid$5,855.71
Show your work
  1. Monthly interest rate = 22% ÷ 12 = 1.8333%
  2. Simulated month-by-month: interest = balance × monthly rate, then the payment reduces the balance, until it reaches $0.
  3. Result: 30 months, $1,355.71 in total interest.

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