The Credit Card Payoff Planner shows you exactly how long it will take to pay off your credit card balance and how much interest you will pay along the way. Enter your current balance, APR, and monthly payment, and the tool generates a month-by-month amortization schedule showing your path to zero debt.
The real power of this tool is in the comparison view. See the difference between making minimum payments (which can take decades and cost thousands in interest) versus adding even a small extra amount each month. A $5,000 balance at 22% APR with $100 minimum payments takes over 9 years and costs over $6,000 in interest. Bumping that to $200 per month cuts the payoff time to under 3 years and saves over $4,000.
The planner also supports multiple cards, letting you compare the debt avalanche method (highest interest first) against the debt snowball method (smallest balance first) to choose the strategy that works best for your situation and motivation style.
Plan your credit card payoff now and see how much you can save.