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Credit Card Debt Calculator

Based on the information you insert, the Credit Card Debt Calculator will show you how long it will take to pay off your credit card debt. The tool lets you see what happens if you change your monthly repayments.

Better still, if you are goal-driven and set yourself a deadline for clearing your credit card debt, the tool will calculate what repayments you'll need to pay per month in order to reach that goal unless the debt is cleared.


Credit Card Debt Calculator

1. Enter your Credit Card Balance:
2. Enter the Credit Card's Interest rate:
3. Enter payment amount per month:
or
4. Enter desired months untill debt free:
It will take you to pay off your credit card.


Notes About This Calculator
  • Results are in dollars.
  • Repayments are assumed to stay the same year-on-year.
  • This calculator is designed to only provide you with ballpark figures - in other words, it won't be exact to the absolute dollars and cents.
  • You don't need to use dollar signs or commas when inserting dollar amounts. For example: use 3500 not $3,500.


  • American Express Credit Cards
  • ANZ Credit Cards
  • Aussie Credit Cards
  • Bankwest Credit Cards
  • Citibank Credit Cards
  • HSBC Credit Cards
  • NAB Credit Cards
  • St George Credit Cards
  • Wizard Credit Cards