Credit Card Debt Payoff Calculator from Bank of AmericaThe credit card payoff calculator will estimate how long it will take to pay your card balance in full. Try the credit card debt payoff calculator today.credit card payoff calculator, credit card calculator, credit card payment calculator, debt payoff calculator, credit card debt calculator, debt payment calculatorBank of AmericaCredit card debt payoff calculatorLiving debt-free can help you have more money in your budget and give you peace of mind. Our Simple Calculator can help you calculate approximately how long it will take to pay down your credit card debt based on a single interest rate. If you have multiple rates, such as a promotional rate, a balance transfer or a cash advance rate, please use the Advanced Calculator.
To get started, you?ll need to refer to your credit card monthly statement for the following items:
You can find your current balance by logging into your account online. Or, simply use the balance listed in the Account Summary section of your most recent credit card statement.
Find this in the Interest Charge Calculation portion of your credit card statement.
Approximate time 1-2 minutes
Calculate approximately how long it will take to pay down your current credit card debt, based on a monthly payment that you can afford.
Approximate time 3-5 minutes
Calculate your debt pay down time based on an affordable payment, plus take into account different interest rates for transaction types like Purchase, Balance Transfers, Direct Deposit and Check Advances and Bank Cash Advances.
How long does it take to pay off credit card debt?
Living debt-free can help you have more money in your budget and give you peace of mind. To get started, use the simple or advanced debt payment calculators below to calculate how long it could take to pay-off your credit card debt.