See how long a payment takes to clear your card, or the payment needed for a target date.
A ₹1,00,000 balance at 42% APR paid at ₹6,000 a month takes 2 years 2 months and costs ₹52,717.25 in interest.
Credit card interest is among the most expensive borrowing — often 36–42% a year in India — so the repayment amount matters a great deal. Enter the balance, the APR and either a monthly payment (to see the time to pay off) or a target number of months (to see the payment you need).
Avoid new purchases while paying down a card. If you have several debts see the Debt Payoff Calculator; to see what minimum payments cost use the Credit Card Calculator, and consider a cheaper consolidation loan.
The calculator applies the standard financial formulas step by step.
| Item | Value |
|---|---|
| Balance | ₹1,00,000.00 |
| APR | 42% |
| Monthly payment | ₹6,000.00 |
| Months to pay off | 26 |
| Total interest | ₹52,717.25 |
| Total paid | ₹1,52,717.25 |
| Case | Time to pay off |
|---|---|
| ₹4,000 a month | 5 years 1 month |
| ₹6,000 a month | 2 years 2 months |
| ₹8,000 a month | 1 year 5 months |
| ₹10,000 a month | 1 year 1 month |
| ₹6,000 at 24% APR | 1 year 9 months |
Enter the balance, APR and monthly payment; the calculator counts the months.
Choose “Payment needed”, enter the balance and APR and 12 months.
The minimum barely exceeds the monthly interest, so the balance falls very slowly and interest compounds.
Often, if the transfer fee is small and the introductory rate is much lower. Check the fee and what happens after the offer.
The balance will never fall. The calculator warns you.
Yes, if you do not pay the full statement balance. Avoid new spending while paying off the card.
It uses the standard formula: payment for n months = B × r ÷ (1 − (1 + r)^−n) The full method and a worked example are shown on this page.
No. The calculator gives estimates for planning and learning. Real offers vary by lender, product and date, so confirm the details with your bank, lender or a qualified adviser before deciding.
Yes. The maths is identical in any currency; only the currency symbol shown in the results differs.
No. Everything is calculated in your browser and nothing you enter is uploaded or saved.
