Enter your credit card balance, interest rate and a monthly payment amount, then hit Calculate to see how long it would take to pay off your balance if you made that same payment every month (assuming you stopped putting new charges on the card, of course). To understand how just a little extra each month can affect the time until payoff, increase the monthly payment slightly and re-calculate -- the change may surprise you.

Credit Card Payoff Calculator

Enter your credit card's current balance:


Enter the card's interest rate (listed as APR on your credit card statement):


Enter a monthly payment amount (in dollars)

At the rate of payment you entered, it would take months to pay off the card.

The information provided by these calculators is intended only for general information and educational purposes.The calculated results are intended for illustrative purposes only; accuracy is not guaranteed. The default figures shown are hypothetical and may not apply to your situation.Please consult a financial professional for advice regarding your personal circumstances.

January 15th, 2014
Standard mileage rate.
Beginning on Jan. 1, 2014, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:

56 cents per mile for business miles driven
23.5 cents per mile driven for medical or moving purposes
14 cents per mile driven in service of charitable organizations

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