Credit card repayment calculator
See how long it will take to pay off a credit card balance and how much interest you will pay.
- Total interest
- $1,207
- Total paid
- $6,207
- To clear in 12 months
- $466 a month
- To clear in 3 years
- $188 a month
This calculator is for illustrative purposes only and is based on the information you enter and simplified assumptions. It is not advice, a quote or a credit assessment and is not a guarantee of loan approval. Actual results depend on the lender's assessment.
Credit card questions
Why does paying the minimum take so long?
Minimum repayments are usually a small percentage of the balance, so much of each payment goes to interest. A fixed, higher monthly amount clears the debt sooner.
Can I consolidate credit card debt?
Card balances can sometimes be rolled into a loan with a lower rate. Whether it helps depends on the rate, fees and term. Speak with us about your options.
Tell us what you need.
No documents needed to start. Call (02) 7822 0255 or 0481 877 727, or answer a few quick questions.