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Credit card payoff calculator
Card interest compounds monthly, which is why minimum payments stretch on for years. Move the slider to see what paying more actually changes.
Your payoff plan
Avalanche clears the highest APR first and costs less. Snowball clears the smallest balance first and gives you a win sooner.
$
Your minimums total $140.
Strategy
Your cards
Visa
$3,500 · 24.99% APR · $100/mo min
Store card
$1,200 · 15.9% APR · $40/mo min
Paid off in
1y 8mo
Paying $290 a month toward $4,700 in card debt.
Total interest you'll pay$921
Total out of pocket$5,621
Interest saved vs minimums only$2,058
Each step is one month. Card interest compounds, so the early months move slowest.
Payoff order · avalanche
1. Visa · 24.99%1y 5mo
2. Store card · 15.9%1y 8mo
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Paying more than the minimum is the whole game — see what else moves your score.