$8,000 Credit Card Debt Calculator

How long will it take to pay off $8,000 in credit card debt?
Current Balance
New Monthly Charges
Interest Rate (APR)
Monthly Payment


It will take 19 months to pay off your balance.

You will pay a total of $1,382 in interest.

Here is how your balance will change over time:

Time Balance
initial $8,000
3 months $6,881
6 months $5,706
9 months $4,471
1 year $3,173
1 year, 3 months $1,809
1 year, 6 months $376
1 year, 7 months $0

When will I payoff my debt of $8k? 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.