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Credit Card Payoff Calculator
See how long it takes to pay off credit card debt
Credit Card Details
$
%
$
%
Typical: 2-3%
Months to Payoff
48 months
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Total Interest
$2,163
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Total Amount
$7,163
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Payoff Date
10/25/2029
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✓ Great! Paying more than the minimum saves you money!
Minimum payment would take 432 months and cost $15,458 in interest
Payoff Progress
Understanding Credit Card Debt
Payoff Strategies
- Always pay more than the minimum
- Pay highest interest cards first
- Consider balance transfer (0% APR)
- Stop using the card while paying off
Key Facts
- Average APR: 18-24%
- Minimum payment: 2-3% of balance
- Paying minimum takes years
- Interest compounds daily