Credit Card Payoff Calculator Credit Card Info Current Balance $5,000 Interest Rate 17.50% Interest-Only Payment $72.92 A. Calculate Months to Payoff Monthly Payment $120.00 (Needs to be greater than the interest-only payment) Months to Payoff 64.62 (5.39 years) Total Interest $2,754.43 B. Calculate Monthly Payment Payoff Goal (Months) 36 (3 years) Monthly Payment $179.51 Total Interest $1,462.37 Caution: Results are only estimates. Interest rates may vary, values may be off due to rounding, and the calculator does not take into account late fees, cash advances, or additional charges to the account.
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