Complete Guide to Auto Loans in 2026
Rates, terms, refinancing and how to get the best deal.
Read guide →Credit Card Payoff Calculator
Time-based or payment-based payoff.
💳 Credit Card Payoff Calculator
That payment is too low to ever pay off this balance — it doesn't cover monthly interest.
Total interest
Total paid
How to Use
- Enter your card balance and APR.
- Choose to solve for payoff time (from a monthly payment) or the payment needed for a target time.
- Review the total interest you'll pay.
Calculation Method
Payoff time from a fixed payment uses n = −ln(1 − (B·r)/M) / ln(1+r), where B = balance, r = APR ÷ 12, M = monthly payment. If the payment doesn't exceed monthly interest, the balance never amortizes.
Examples
$6,000 at 22% APR, $250/month
About 30 months to clear, with roughly $1,500 in total interest.
Frequently Asked Questions
At high APRs, most of a small payment goes to interest. Paying more than the minimum dramatically shortens payoff time.
Your payment is at or below the monthly interest charge, so the balance can never be repaid. Increase the payment.
The avalanche method (highest APR first) minimizes total interest; the snowball method (smallest balance first) can help motivation.
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Read guide →How to Pay Off Credit Card Debt Faster
Snowball vs. avalanche, with real numbers.
Read guide →Disclaimer
Calculations are estimates based on the information you provide. Actual loan terms, rates, and payments vary by lender, credit score, and other factors. SmartLoanCalcs is not a lender and this is not a loan offer. We are not responsible for decisions made based on these calculations — consider consulting a licensed lender or financial advisor.
Last updated: May 24, 2026