Credit Card Payoff Calculator with Extra Payment
Add a fixed extra amount each month and see how many months and how much interest you save versus paying the same monthly amount.
Calculations run on your device — your card balance never leaves the pageTry: Current balance=5000, APR=22, Monthly payment=200, Extra each month=50 → 34, $1,749.88, 26, $1,285.72, 8 months, $464.16
How to use
Keep your regular monthly payment and add a fixed extra — even $25 helps. The calculator compares your plan against the same payment without the extra, so the savings are obvious. I started with just $50 extra and cleared a card two years early.
FAQ
Is a small extra payment worth it?
Almost always. An extra $50/month on a $5,000 balance at 22% can cut a year or more off the payoff time and save hundreds in interest.
Where does the extra go?
It is applied to the principal after interest, so each month more of your payment eats into the balance.
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