$5,300 Credit Card Debt Calculator

How long will it take to pay off $5,300 in credit card debt?
Current Balance
New Monthly Charges
Interest Rate (APR)
Monthly Payment


It will take 15 months to pay off your balance.

You will pay a total of $531 in interest.

Here is how your balance will change over time:

Time Balance
initial $5,300
3 months $4,286
6 months $3,234
9 months $2,141
1 year $1,007
1 year, 3 months $0

When will I payoff my debt of $5.3k? This calculator will compute the time it takes to pay off your debt given a fixed payment each month. The higher the interest rate, the longer it will take, so consider trying to consolidate your debts at a lower rate.