Credit Card Payoff Calculator: Estimate Your Debt-Free Timeline

Enter your card balance, planned monthly payment, and the daily interest rate to see exactly how many months—and years—you need to become debt-free. The tool applies a logarithmic formula that reflects daily compounding but monthly payments, so results stay close to real-world billing cycles. Average U.S. credit-card APR reached 22.77 % in 2023 (Federal Reserve, 2024).








