Kreditkarten-Tilgung

Calculate how long to pay off your credit card and total interest cost.

Months to Pay Off
36
Years to Pay Off
3.0
Total Amount Paid
7.135,16 $
Total Interest Paid
2.135,16 $

Principal vs Interest

Payment Breakdown

MonthPaymentPrincipalInterestRemaining Balance
1200,00 $95,88 $104,13 $4.904,13 $
2200,00 $97,87 $102,13 $4.806,25 $
3200,00 $99,91 $100,09 $4.706,34 $
4200,00 $101,99 $98,01 $4.604,35 $
5200,00 $104,11 $95,89 $4.500,24 $
6200,00 $106,28 $93,72 $4.393,96 $
7200,00 $108,50 $91,50 $4.285,46 $
8200,00 $110,76 $89,24 $4.174,71 $
9200,00 $113,06 $86,94 $4.061,64 $
10200,00 $115,42 $84,58 $3.946,23 $
11200,00 $117,82 $82,18 $3.828,41 $
12200,00 $120,27 $79,73 $3.708,13 $
13200,00 $122,78 $77,22 $3.585,36 $
14200,00 $125,33 $74,67 $3.460,02 $
15200,00 $127,95 $72,05 $3.332,08 $
16200,00 $130,61 $69,39 $3.201,47 $
17200,00 $133,33 $66,67 $3.068,14 $
18200,00 $136,11 $63,89 $2.932,03 $
19200,00 $138,94 $61,06 $2.793,09 $
20200,00 $141,83 $58,17 $2.651,26 $
21200,00 $144,79 $55,21 $2.506,47 $
22200,00 $147,80 $52,20 $2.358,67 $
23200,00 $150,88 $49,12 $2.207,79 $
24200,00 $154,02 $45,98 $2.053,76 $
25200,00 $157,23 $42,77 $1.896,53 $
26200,00 $160,50 $39,50 $1.736,03 $
27200,00 $163,85 $36,15 $1.572,18 $
28200,00 $167,26 $32,74 $1.404,92 $
29200,00 $170,74 $29,26 $1.234,18 $
30200,00 $174,30 $25,70 $1.059,88 $
31200,00 $177,93 $22,07 $881,95 $
32200,00 $181,63 $18,37 $700,32 $
33200,00 $185,42 $14,58 $514,90 $
34200,00 $189,28 $10,72 $325,63 $
35200,00 $193,22 $6,78 $132,41 $
36135,16 $132,41 $2,76 $0,00 $

Credit Card Payoff: Complete Guide

Cost of Minimum Payments

Minimum payments on $5K at 25% APR takes 30+ years and $12K+ in interest. More than double the original balance.

Payoff Strategies

Avalanche method (highest rate first) saves the most. Snowball method (smallest balance first) provides psychological wins. Balance transfers offer 0% intro periods.

Understanding APR

Credit card APR compounds daily. 24.99% APR means 0.0684% daily interest, making debt grow quickly.

Practical Example

$5,000 at 24.99% APR

Minimum only: 26 years, $11,500+ interest.

$250/month: 24 months, $1,382 interest.

$500/month: 12 months, $672 interest. Doubling payment saves $700+.

Häufig gestellte Fragen

What if I only make minimum payments?

You will pay dramatically more interest and take decades to pay off. Always pay more than minimum.

Should I get a balance transfer?

If you can pay off during the 0% intro period (12-21 months), it saves hundreds. Watch for 3-5% transfer fees.

Large vs multiple small payments?

Paying early reduces your average daily balance, saving money. Pay as soon as you have funds.

Good utilization rate?

Below 30% is acceptable. Below 10% is ideal for credit scores.

Can I negotiate my rate?

Yes. Call your issuer. Success rate ~70% with average 6 point reduction.

Schätzungen. Konsultieren Sie einen Finanzberater.

📚 Quellen

  1. Consumer Financial Protection Bureau - Credit Card Payoff (consumerfinance.gov)
  2. Federal Reserve - Understanding Credit Card Interest (federalreserve.gov)