See how long a credit card balance takes to clear at your payment level and what you'll pay in interest.
Iterates months: interest = balance × APR ÷ 12, balance = balance + interest − payment, until zero
$5,000 at 21% APR with $200/month takes about 31 months and roughly $1,600 in interest.
Minimums are often 1–2% of balance plus interest, which can mean decades of repayment on a static balance. Raising the payment even modestly collapses both time and interest — try different amounts above.
If your payment is smaller than one month's interest the balance grows forever; the calculator flags this instead of pretending progress exists.
A 0% balance-transfer card or lower-rate consolidation loan can pause interest while you pay principal — just account for transfer fees and the promo period end date.
Slightly — average daily balance drops sooner, trimming interest. The bigger win is simply paying more overall.
Estimate monthly mortgage payments including principal, interest, taxes and insurance for any home price.
Work out the monthly payment, total interest and total repayment for any personal or business loan.
Estimate car payments from vehicle price, down payment, trade-in value, APR and term.
Watch money grow with compounding — add regular contributions and choose any compounding frequency.
Tip and total per person for any bill — split evenly among any group size.
See what a personal loan costs each month across typical amounts, rates and terms.