Credit Card Debt Repayment Calculator

Use the Debt Repayment Calculator to determine figure out how you can optimize your monthly budget and put aside funds to pay off your credit card debt. Pay off your highest interest rate card first, and when that balance is paid in full, apply the extra payment amount to the card with the next highest interest rate. By making the same monthly payment even as your debt decreases, you will significantly reduce the total interest costs and the amount of time to repay the debt.