Credit Card Optimizer
Take control of your debt. Calculate your payoff timeline, visualize your total interest costs, and discover how to become debt-free faster.
Debt Parameters
Debt vs. Interest Breakdown
You will spend 17% of your total payments on interest alone.
Time to Freedom
25 Months
Debt-free by June 2028.
Total Paid
$6,053
Total Interest
$1,053
Save $421 with a Balance Transfer
Based on your 18.9% APR, you could save significantly by transferring to a 0% APR card for 18 months.
Understand APR
Your Annual Percentage Rate (APR) is the yearly cost of borrowing. Because credit cards compound daily, the actual interest you pay is often higher than the nominal rate.
The Minimum Payment Trap
Paying only the minimum amount each month is designed to keep you in debt for decades. Even a $20 increase in your monthly payment can save you thousands in interest.
Snowball vs Avalanche
The Avalanche method prioritizes paying off high-interest cards first, while the Snowball method focuses on the smallest balances for psychological wins.