Pay Off Calculator for Multiple Credit Cards
Figuring out how best to pay off multiple credit cards can be complicated. KeyBank’s Pay Off Calculator for Multiple Credit Cards shows you the best method for paying off your debts, so you can move forward with a solid debt reduction plan. If you’re struggling with a single balance, try our Credit Card Pay Off Calculator.
How It Works
This calculator helps you pay off your credit card debt based on interest rates. Enter your credit card balances and an additional roll-down amount (additional payment). The calculator will then apply your additional monthly payment to the credit card with the highest rate. When that credit card is paid in full, the card with the next highest rate will be paid down. This continues until you have rolled through all your credit cards and your debt is paid in full. Click the "View Report" button for a detailed look at the results.