Credit Card Payoff Calculator
See how fast an extra $25 or $50 can help "destroy" high-interest card debt.
Debt Details
$
$
Add Extra Payment? The "Coffee Cure"
+$50
Even a small monthly extra payment can shift more money toward principal instead of interest.
$0$50$100$200
Current Plan
Payoff Time
4 yrs 8 mos
Total Interest
$3,322
Smart
With Extra $50
Payoff Time
3 yrs 0 mos
Total Interest
$2,001
Total Savings
$1,322 Saved
Debt-free 1 yrs 8 mos sooner.
Monthly Amortization Model
The calculator simulates repayment month by month, charging interest, applying your payment to principal, and stopping when the balance hits zero.
Need to stop the interest entirely?
If the extra payment is hard to afford, a 0% balance transfer can give you breathing room for 18+ months.