Credit Cards Payoff Calculator
This calculator creates a cost-efficient payback schedule for multiple credit cards using the debt avalanche method. To evaluate the repayment of a single credit card only, or for further information about credit cards and how they work, please visit our credit card calculator.
Modify the values and click the calculate button to use
Info of your credit cards:
| Credit card | Balance | Minimum payment | Interest rate |
|---|---|---|---|
| Card 1 | |||
| Card 2 | |||
| Card 3 |
Result:
You can pay off your credit cards in 0 months (0 years and 0 months) if you pay back $0 every month. To pay off, you will need to pay a total of $0, within which interest is $0.
The best way to pay off your credit cards is to pay back the high-interest card first while paying the minimum payments for the other cards. The following are the payback schedules. This schedule assumes you do not put new balances on the credit cards.
Credit Cards Payoff Calculator
Take Control of Your Debt with a Smart Payoff Strategy
Struggling with multiple credit card balances? Our Credit Cards Payoff Calculator helps you create a cost-efficient repayment plan using the debt avalanche method—prioritizing high-interest cards first to save money on interest over time.
Key Features:
✅ Debt Avalanche Method – Minimizes interest by targeting the highest-rate cards first
✅ Customizable Inputs – Enter balances, interest rates, and minimum payments for all your cards
✅ Flexible Budgeting – Set your monthly payment amount and see how it affects your payoff timeline
✅ Detailed Payoff Schedule – Get a month-by-month breakdown of payments for each card
✅ Interest Savings – See exactly how much you’ll save compared to making minimum payments
How It Works:
Enter Your Monthly Budget – How much can you allocate toward debt repayment each month?
Add Your Credit Cards – Input balances, minimum payments, and interest rates.
Click “Calculate” – Instantly see your optimized payoff plan.
Follow the Plan – Pay off debt faster while saving on interest!
Perfect for:
✔ Anyone with multiple credit cards
✔ Those looking to optimize their debt repayment strategy
✔ Budget-conscious individuals who want to minimize interest costs
Start your journey to debt freedom today!