How do I pay off credit card debt faster?

Pay as much above the minimum as possible. Even doubling your minimum payment can cut payoff time and interest by 50%+. Consider the avalanche method (highest APR first) or debt consolidation.

What is a credit card APR?

APR (Annual Percentage Rate) is the yearly cost of carrying a balance. Most credit cards charge 18-29% APR. The monthly rate is APR / 12.

Why are minimum payments so dangerous?

Minimum payments (usually 1-3% of balance) barely cover interest. A $5,000 balance at 22% APR with 2% minimum payments takes over 30 years to pay off and costs over $12,000 in interest — more than double the original balance.

What is the avalanche vs. snowball payoff method?

Avalanche: pay minimums on all cards, throw extra money at the highest-interest card first — saves the most total interest. Snowball: pay minimums on all cards, attack the smallest balance first — builds momentum from quick wins. Studies show snowball users complete payoff more often; avalanche saves more money. Use whichever keeps you motivated enough to actually follow through.

How much does paying only the minimum really cost?

On a $5,000 balance at 20% APR with a 2% minimum payment: it takes over 22 years to pay off and costs more than $8,000 in interest — more than the original debt. Paying $250/month instead clears it in under 3 years for about $1,300 in interest. Minimum payments are one of the most expensive financial habits possible.

Calculadora de Quitação de Cartão de Crédito

Calcule quanto tempo leva para quitar seu cartão e os juros totais.

Saldo Atual

Taxa de Juros Anual

Pagamento Mensal

Pagamento mínimo %

Tempo para Quitar

2 anos 10 meses

Seu pagamento$200.00/mo

Juros Total$1,749.88

Total Pago$6,749.88

Apenas pagamento mínimo80 anos 8 meses

Juros com pagamento mínimo$43,419.49

Principal

Juros Total

Ano-by-Ano (5 years)

Juros economizados$41,669.61

Tempo economizado934 meses

Ano 1$3,560.57 remaining ($1,439.43 principal, $960.57 interest)

Ano 2$1,770.49 remaining ($1,790.08 principal, $609.92 interest)

Ano 3$0.00 remaining ($1,770.49 principal, $179.39 interest)

Paying $200.00/month, you'll pay off $5,000.00 in 2 anos 10 meses with $1,749.88 interest. If you only made minimum payments (2.00%), it would take 80 anos 8 meses and cost $43,419.49 in interest — you save $41,669.61 by paying $200.00/month instead.

Análise E Se

Taxa de Juros Anual2 anos 10 meses

Pagamento mínimo %2 anos 10 meses

Paying off a 24% credit card is a guaranteed 24% return — no investment can reliably match that.

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Loan Payment Calculator

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Sobre esta Calculadora

As dívidas de cartão de crédito são caras. Com juros rotativos altíssimos no Brasil, mesmo saldos moderados podem levar anos para quitar pagando apenas o mínimo.

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Perguntas Frequentes

Como pagar meu cartão mais rápido?

Pague o máximo possível acima do mínimo. Dobrar o pagamento mínimo pode reduzir o tempo de quitação e os juros em mais de 50%.

O que é a taxa de juros do cartão?

É o custo anual de manter um saldo devedor. A taxa mensal é a taxa anual dividida por 12.

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For informational purposes only. Calculator results are estimates based on the inputs you provide. This is not financial, investment, tax, or legal advice. Consult a qualified financial professional before making major financial decisions.