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It's best not to carry any credit card debt at all, as the interest rates are
terribly high. By carrying credit card debt you're hurting yourself and helping
your credit card company. With this calculator you can set payoff goal
dates and find out how much you'll need to pay each month to payoff
your credit cards completely. If you can afford the "monthly payment
required to achieve payoff goal", try selecting an earlier date. Your goal
should be to payoff your credit cards as quickly as possible!
Find out what your monthly payments need to be to pay off your
credit cards by your targeted goal date.
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Credit Card Payoff Goal Calculator
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Enter the principal balance owed:
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Enter the annual interest rate:
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Select the payoff goal month and year:
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Monthly payment required to achieve payoff goal:
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Number of payments between now and payoff:
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Total interest cost between now and payoff:
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