The purchase APR on your statement. For several cards, run each one separately.
Plan
Months to pay off44
Total interest$2,790.68
Total paid$8,790.68
Payoff time3 years, 8 months
Monthly payment$200.00
Final payment$190.68
First month’s interest$110.00
Monthly interest rate1.83%

Assumes no new charges, a fixed APR and interest of APR ÷ 12 = 1.83% per month. Card issuers usually charge interest daily, so your actual interest may differ slightly.

Payoff schedule (yearly)
YearPaidInterestPrincipalBalance
1$2,400$1,204$1,196$4,804
2$2,400$913$1,487$3,317
3$2,400$551$1,849$1,468
4$1,591$123$1,468$0

Credit Card Payoff Calculator · free calculator by CalcWorthy