Credit Card Payoff by APR Calculator
Focus on the APR — see how a few points of rate change the months and interest on your credit card payoff.
Calculations run on your device — your card balance never leaves the pageTry: Current balance=5000, APR=22, Monthly payment=200 → 34, $1,749.88, $6,749.88
How to use
The APR drives almost everything. Slide it in the calculator to watch how a 15% versus 25% rate changes your total interest. This page keeps the APR front and center so the rate shock is clear.
FAQ
Why does the interest number look so large?
Credit cards compound monthly. A 22% APR on $5,000 accrues about $91 in the first month alone, so paying only the minimum stretches the debt for years.
Does this include fees or late charges?
No — it models interest only. Annual fees and penalties are separate; the tool focuses on the payoff math.
Should I pay the highest APR first?
Yes. The avalanche method (highest APR first) saves the most interest. See the avalanche and snowball pages for a side-by-side.