Repayment planner
Enter your current balance, APR, and the fixed monthly payment you plan to make. This page estimates how many months it may take to pay off the balance and how much interest you could pay in total, using a simplified equal-payment model. Real statements can differ (fees, variable APR, minimum-payment rules, daily compounding).
Each month interest = balance × (APR ÷ 100 ÷ 12); principal paid = min(payment − interest, balance). If payment ≤ interest on the starting balance, the balance never shrinks. Simulation caps at 600 months; over that it prints >600.
This calculator uses plain decimal numbers. If a result looks wrong, check whether you used a comma instead of a dot (or vice versa) where the field expects one.
Educational estimate only.