Balance Transfer Calculator


3 Step Plan to Get Out of Debt Faster (and Pay Less)

help icon Need Help?

Step 1: Type in your high interest debt. Find out how much you can save!

× You will be in debt forever! Please increase your monthly payment or else your transfer amount + fees will outpace your ability to pay off the debt.

Credit Card Balance

$

Your transfer amount has to be between $500-$20,000.

$

Your desired amount has to be between $25-$2,500.

Balance Transfer Offer

%

The On-going APR has to be between 5-30%.

Note: The balance transfer calculator is a self help tool and is not intended to provide financial advice to its users. We cannot guarantee the accuracy of results when applied to a user's individual factors.

loader

Your Personalized Get Out Of Debt Plan


Step 2: Review your custom report.

Fill out the calculator above with your information to get your personal report.

  • Transfer Amount
  • Total Fees & Interest
Transfer Amount Monthly Payment Pay Off Date Total Interest
$7,000 $300 Jan 2021 $1,558.84

Results


Save Money

If you would like to pay off your balances during the promotional period, you would need to pay $ per month for a period of 12 months.

By doing so, you will save $816.48 in interest fees.

By making monthly payments of $300, it will take you 29 months to pay off your credit card balance of $7,000.

Your total interest cost will be $1558.84. Your net total fees is, $0.00 (balance transfer fee of, $0.00). This assumes you do not make any additional charges during this period.

See saving opportunities.


Saving Opportunity

Step 3: Avoid paying interest. Apply for a balance transfer credit card.

You could save up to hundreds of dollars in interest by doing a balance transfer now. Apply instantly via the bank’s secure application site.

Advertiser Disclosure

  • Capital One® Quicksilver® Cash Rewards Credit Card

     

    Rated 4.5/5 stars by our editorial team

    Click the stars to submit your rating.

    Thanks for rating!

    Your Rating:

    3.8/5.0 from 1,006 Offer Ratings
    Over the Past 60 Days!

    (1,006) Over the Past 60 Days!
    • 0% for 15 months on balance transfers and purchases

    • Unlimited 1.5% Cash Back on every purchase, every day

    • 14.74% - 24.74% (Variable)

  • Discover it® Balance Transfer

     

    Rated 4.5/5 stars by our editorial team

    Click the stars to submit your rating.

    Thanks for rating!

    Your Rating:

    3.8/5.0 from 904 Offer Ratings
    Over the Past 60 Days!

    (904) Over the Past 60 Days!
    • 0% for 18 Months*

    • Earn 5% cash back at different places each quarter up to the quarterly maximum, when you activate*

    • 13.99% - 24.99% Variable*

  • Wells Fargo Platinum Visa® Card

     

    Rated 4/5 stars by our editorial team

    Click the stars to submit your rating.

    Thanks for rating!

    Your Rating:

    3.9/5.0 from 468 Offer Ratings
    Over the Past 60 Days!

    (468) Over the Past 60 Days!
    • 0% for 18 months on purchases and balance transfers*

    • Enjoy $0 Annual Fee

    • 13.49%-26.99% (Variable)*

See all balance transfer cards