{
  "id": "credit-card-payoff-calculator",
  "version": "1.0.0",
  "name": "Credit Card Payoff Calculator",
  "shortName": "Credit card payoff",
  "description": "Find payoff time from a payment or the payment needed for a chosen payoff period.",
  "category": "Finance",
  "categorySlug": "finance",
  "keywords": [
    "credit card debt",
    "payoff time",
    "minimum payment",
    "apr"
  ],
  "status": "live",
  "workStatus": "pending",
  "reviewStatus": "pending",
  "migrationStatus": "new",
  "engine": "native",
  "creator": null,
  "reviewer": null,
  "quality": {
    "availability": "live",
    "technicalReviewRecord": "/reviews/credit-card-payoff-calculator.json",
    "qualifiedReview": "pending",
    "qualifiedReviewer": null,
    "qualifiedReviewDate": null,
    "formulaVersion": "1.0.0",
    "referenceCoverage": "references-pending",
    "releaseTestScope": "Catalog and regression checks are not a professional formula audit; consult release evidence.",
    "historicalMetadataDate": "2026-08-18",
    "historicalMetadataNotice": "The imported date is not evidence of a completed human review."
  },
  "urls": {
    "page": "/calculator/credit-card-payoff-calculator/",
    "definition": "/calculator/credit-card-payoff-calculator/definition.json",
    "schema": "/calculator/credit-card-payoff-calculator/schema.json",
    "llms": "/calculator/credit-card-payoff-calculator/llms.txt",
    "legacyDefinition": "/calculator/credit-card-payoff-calculator.json"
  },
  "queryExample": "https://askcalculators.com/calculator/credit-card-payoff-calculator/?balance=5000&apr=18.9&mode=payment&monthlyPayment=200",
  "queryParameters": {
    "balance": {
      "label": "Card balance",
      "type": "money",
      "required": true,
      "default": 5000
    },
    "apr": {
      "label": "APR",
      "type": "percent",
      "required": true,
      "default": 18.9
    },
    "mode": {
      "label": "Calculate from",
      "type": "select",
      "required": true,
      "default": "payment"
    },
    "monthlyPayment": {
      "label": "Monthly payment",
      "type": "money",
      "required": true,
      "default": 200,
      "showWhen": {
        "field": "mode",
        "equals": "payment"
      }
    },
    "payoffMonths": {
      "label": "Payoff months",
      "type": "number",
      "required": true,
      "default": 24,
      "showWhen": {
        "field": "mode",
        "equals": "months"
      }
    }
  },
  "inputs": [
    {
      "id": "balance",
      "label": "Card balance",
      "type": "money",
      "required": true,
      "defaultValue": 5000,
      "min": 0.01,
      "step": 100,
      "width": "half"
    },
    {
      "id": "apr",
      "label": "APR",
      "type": "percent",
      "required": true,
      "defaultValue": 18.9,
      "min": 0,
      "max": 100,
      "step": 0.1,
      "control": "slider-number",
      "width": "half"
    },
    {
      "id": "mode",
      "label": "Calculate from",
      "type": "select",
      "required": true,
      "defaultValue": "payment",
      "options": [
        {
          "label": "Monthly payment",
          "value": "payment"
        },
        {
          "label": "Payoff months",
          "value": "months"
        }
      ],
      "width": "full"
    },
    {
      "id": "monthlyPayment",
      "label": "Monthly payment",
      "type": "money",
      "required": true,
      "defaultValue": 200,
      "min": 0.01,
      "step": 10,
      "showWhen": {
        "field": "mode",
        "equals": "payment"
      },
      "width": "full"
    },
    {
      "id": "payoffMonths",
      "label": "Payoff months",
      "type": "number",
      "required": true,
      "defaultValue": 24,
      "min": 1,
      "max": 1200,
      "step": 1,
      "showWhen": {
        "field": "mode",
        "equals": "months"
      },
      "width": "full"
    }
  ],
  "outputs": [
    {
      "id": "payoffTime",
      "label": "Payoff time",
      "format": "text",
      "primary": true
    },
    {
      "id": "monthlyPaymentResult",
      "label": "Monthly payment",
      "format": "currency"
    },
    {
      "id": "totalInterest",
      "label": "Total interest",
      "format": "currency"
    },
    {
      "id": "totalPaid",
      "label": "Total paid",
      "format": "currency"
    }
  ],
  "formula": {
    "expression": "Payment = balance × r ÷ [1 − (1 + r)⁻ⁿ]",
    "note": "Payment mode simulates the balance month by month. Interest is compounded monthly."
  },
  "examples": [
    {
      "label": "Reproducible default-input example (not a personal recommendation)",
      "inputs": {
        "balance": 5000,
        "apr": 18.9,
        "mode": "payment",
        "monthlyPayment": 200,
        "payoffMonths": 24
      }
    }
  ],
  "sources": []
}