30-yr fixed 6.43% ▾ 0.06 wk
15-yr fixed 5.79% ▾ 0.04 wk
HELOC avg 7.90% — no change
Auto 60-mo new 6.82% ▴ +0.03 mo
Personal 24-mo 11.57% ▾ 0.12 qtr
Credit card APR 21.52% ▴ +0.09 qtr
as of Jul 2, 2026 · Federal Reserve / Freddie Mac via FRED (St. Louis Fed)
Credit Cards & Debt

Credit Card Pay Off Calculator

See how long it takes to clear a credit-card balance — and how much faster an extra payment gets you there.

Inputs
$
%
$
$

Estimates only. Change any value to recalculate instantly.

Time to pay off 32 months 2.7 years · $1,850 in interest
Total interest $1,850
Total paid $7,850
Payoff time 2.7 yrs
Sooner with extra —
Principal vs interest
Principal vs interest Balance: $6.0kInterest: $1.9k
  • Balance $6.0k
  • Interest $1.9k

Even a small extra payment dramatically cuts both the time and the interest on high-APR debt.

Yearly payoff scheduleView table
YearPaidPrincipalInterestBalance
1$3,000$1,918$1,082$4,082
2$3,000$2,361$639$1,721
3$1,850$1,721$129$0

How this calculator works

This calculator runs entirely in your browser — nothing you enter is sent anywhere, and there is no sign-up. Change any input and the result, breakdown, and schedule update instantly.

Rate and cost fields are pre-filled with current benchmarks (Federal Reserve / Freddie Mac via FRED (St. Louis Fed)), so your first result is already realistic — replace them with your own quote to see your numbers. To weigh one option against another, use the loan comparison calculator.

Common questions

Is this calculator free, and do I need to sign up?

Yes and no — it is completely free and asks for no account or personal details. Every calculation happens in your browser, so nothing you type is stored or sent to us.

How accurate are the results?

The math is exact for the inputs you give it, but the defaults are national benchmarks — your real rate, fees, taxes, and insurance will differ. Treat the result as a close estimate to refine with a real quote.

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