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Credit Card Payoff Goal Calculator

The monthly payment needed to be debt-free in the number of months you choose.

Tool inputs stay in your browser · optional AI search sends your query

Good to know: Payment = balance × r ÷ (1 − (1 + r)^−n), with r = APR ÷ 12. Estimate for planning only, based on the numbers you enter. Your bank or provider’s statement is the final word.

How to use it (step by step)

  1. 1Fill in the boxes: “Balance”, “APR (%)”, “Pay off in (months)”. Example numbers are already there so you can see how it works; replace them with yours.
  2. 2The result updates instantly as you type (on a phone it is below the boxes).
  3. 3The bold line is the main answer. Tap Copy next to any value to copy it.

Words to know

APR
Annual Percentage Rate: the yearly interest rate. Philippine cards often show a monthly rate instead; ×12 gives the APR.
Percentage
A part out of 100. 25% of 200 = 50.
DOCX (Word file)
The file type Microsoft Word, Google Docs and WPS use for editable documents.

More in Cards & Payments

Credit Card Due Date & Grace Period CalculatorFind your payment due date and how many interest-free days a purchase gets.Credit Card Late Payment Cost CalculatorWhat paying late really costs: late fee, interest and any penalty APR.Credit Card Payment BreakdownHow much of your payment goes to interest vs balance this month, and your new balance.Card Processing Fee CalculatorFee and net amount for a card payment with a percentage + fixed fee (and tax on fees).Fee Gross-Up Calculator (Charge to Receive)How much to charge so you receive an exact amount after card fees.Card Surcharge CalculatorAdd a card surcharge to a price, or find the surcharge that exactly covers your fee.