Estimate payoff time and interest from the card balance, APR and monthly payment you enter.
Time to Payoff
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Total Payment
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Total Interest
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Principal
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Avg Monthly Interest
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Base and Additional Payment Comparison
Base Payment Only
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Base Plus Additional Payment
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Interest Saved —Base Payment Only · Total Interest —Base Plus Additional Payment · Total Interest —
GUIDE
What to check in the payoff comparison
01
• Compare the payoff period and total interest in the base-payment and additional-payment examples • Starting values and additional payments are examples and do not replace the minimum-payment terms on your statement • This main payoff model uses one card balance and APR; the separate multi-debt comparison below ranks only the debts and terms you enter • This page can compare a hypothetical consolidation APR and fee you enter, but it does not retrieve or verify actual refinancing offers, fees, or approval terms • Check the issuer terms and statement for the actual interest and fees on lump-sum, instalment, or revolving payments
02
⚠️ Disclaimer
The starting and comparison payments are examples. This monthly estimate does not include issuer-specific interest methods, fees, late charges or revolving terms. Check your statement and issuer terms.
Multi-debt payoff strategy comparison
Compare fixed-payment snowball, avalanche, and a hypothetical consolidation loan without using current lender rates or recommending a product.
KRW
Debts to compare
Debt name
Balance
Annual interest rate (%)
Fixed minimum
Action
Scenario comparison
Scenario
Monthly outlay
Payoff
Total interest
Fees
Total paid
Payoff order
Monthly schedule
Month
Target
Payment
Interest
Balance after payment
The on-screen table shows the first 24 months and final month. CSV export includes every simulated month.
Assumptions, worked example, and source
The entered annual interest rate is treated as a nominal rate divided by 12, interest accrues monthly, no new purchases occur, and each minimum is a fixed amount rather than a lender-recalculated percentage. The rate excludes fees; any entered consolidation fee is financed separately.
Snowball targets the lowest current balance; avalanche targets the highest entered annual interest rate. Both keep the same total monthly budget and roll freed payments to the next debt.
Consolidation uses its own contractual payment for the entered term and finances the entered fee. It may have a different monthly outlay, so compare cash flow as well as total cost.
No current lender rate or product recommendation is supplied. Eligibility, tax, credit-score effects, promotions, penalties, and changing minimums are outside this estimate.
The default worked example uses three balances and one monthly budget. Replace every value with statement data; results are estimates, not credit or product advice.
