Balance Transfer Calculator: Savings, Fees & Payoff Time

Balance & payment

Balance to transfer Current amount you want to pay off. Monthly payment Used in both scenarios.

Current card

Current APR

APR if you do NOT transfer. Start date Used to estimate payoff month/year.

New card (transfer)

Promo APR

Often 0% intro APR. Promo period

months

Months promo APR applies.

Post-promo APR

APR after promo ends. Transfer fee

Typical: 3%–5% of transferred balance.

Minimum fee (optional) Some issuers charge a minimum fee (default 0). Show schedule Full schedule can be long.

Comparison

Payoff time, interest, fees, and savings.

Current card: months to payoff

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Transfer: months to payoff

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Current card: total interest

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Transfer: total interest

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Transfer fee

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Savings (current − transfer total cost)

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Current payoff month

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Transfer payoff month

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Current card schedule

#	Date	Payment	Interest	Principal	Balance
Run a calculation to see the schedule.

Transfer card schedule (promo + post-promo)

#	Date	Payment	Interest	Principal	Balance
Run a calculation to see the schedule.

Note: This is a simplified monthly model. Real card interest is often based on daily balances.

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