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Credit Card Payoff Calculator

See how long it takes to pay off your credit card. Compare minimum payments vs a fixed monthly amount and see how much interest you save.

Minimum payments on credit cards are designed to keep you in debt for decades while maximizing interest charges. This calculator shows exactly how much time and money you save with a fixed payment strategy, plus what-if scenarios for aggressive payoff timelines.

Your Credit Card
Average credit card APR: ~24-28%
Usually 1-3% of balance (min $25)
How much you plan to pay each month