What will it take to pay off your credit card balance?

Paying down credit card debt while sticking to a budget can be a challenge. But when you don’t pay off your card each month, you lose money to interest fees. Calculate how quickly you can pay off your credit card debt based on either your desired timeframe or monthly payment.

This calculator is made available by one or more third party service providers. It is not intended to be an advertisement for a product or service at any of the terms used herein. It is not intended to offer any tax, legal, financial or investment advice. All examples are hypothetical and are for illustrative purposes. SunTrust Banks, Inc. and its affiliates do not provide legal or tax advice. SunTrust cannot guarantee that the information provided is accurate, complete, or timely. Federal and state laws and regulations are complex and are subject to change. Changes in such laws and regulations may have a material impact on pre- and/or after-tax investment results. SunTrust makes no warranties with regard to this calculator or the results obtained by its use. SunTrust disclaims any liability arising out of your use of, or any tax position taken in reliance on, this calculator. Always consult an attorney or tax professional regarding your specific legal or tax situation.

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