Credit Card Pay Off Calculator
Use this calculator to see what it will take to pay off your credit card balance, and what you can change to meet your repayment goals.
By changing any value in the following form fields, calculated values are immediately provided for displayed output values. Click the view report button to see all of your results.
Financial Calculators from
Dinkytown.net
**FIG_GRAPHTITLE** Line Graph: Please use the calculator's report to see detailed calculation results in tabular form.
**FIG_GRAPHTITLE** Column Graph: Please use the calculator's report to see detailed calculation results in tabular form.
Financial Calculators from
Dinkytown.net
Credit Card Payoff Calculator | Merced School Employees Federal Credit Union
Credit card information: |
Planned major purchases: | $0.00 |
Credit Card Payoff by Month |
Alternate Payoff Scenarios |
Definitions
Current balance
Current outstanding balance on your credit card.
Interest rate (APR)
The annual interest rate being charged for this credit card.
Payoff goal (in months)
Your goal for paying off this credit card. This is the number of months by which you would like to have completely paid off this credit card balance.
Current monthly payment
The amount you are currently paying per month on this credit card. Please enter the amount you actually pay, not the minimum payment. This amount is used to calculate how long it will take you to pay off your balance.
Additional monthly charges
Total new charges you expect to put on this credit card per month.
Annual fee
Your annual fee for this credit card, if any.
Major purchase
If you expect a major purchase beyond your normal charges, enter the amount to be spent here.
Months before purchase
Number of months before your major purchase will occur.