Inputs

Current balance ($)

APR (annual interest %)

Minimum payment type

Fixed minimum payment ($)

Uses standard amortization math. Estimates only.

Results

Time to payoff

—

Total interest paid

—

Over the full payoff period.

Estimated payoff date

—

Based on starting this month.

Total paid

—

Principal + interest.

Scenario loaded from shared link.

How this model works (assumptions) +

Interest accrues monthly using APR ÷ 12.
Payments are applied once per month (modeled as end-of-month timing).
Fixed minimum: minimum payment stays constant each month (unless you change it).
Percent minimum: minimum is calculated as “percent of current balance” with an optional floor.
If the payment does not exceed monthly interest, the balance may not decline (negative amortization).
No late fees, annual fees, promo/teaser rates, penalty APR changes, or issuer-specific minimum rules beyond what you enter.

See how long common credit card balances can take to pay off and how repayment time changes as balances grow.

$5,000 balance How long does it take to pay off $5,000 of credit card debt? $10,000 balance How long does it take to pay off $10,000 of credit card debt? $15,000 balance How long does it take to pay off $15,000 of credit card debt? $20,000 balance How long does it take to pay off $20,000 of credit card debt?