Balance Transfer Calculator (Free)
Estimate the payoff timeline, total costs, and savings from moving your balance to a promotional card. All processing happens in your browser — nothing uploads.
For informational purposes only; not financial advice.
How Much Will I Save?
Adjust promo details, optional fees, and extra payments. Results update when you calculate.
When Do I Break Even?
How to read the numbers
- Transfer fees are added upfront to your starting balance.
- The breakeven month is the first time cumulative savings turn positive after covering all fees.
- If the required payment is too low to cover monthly interest, you’ll see a warning to increase it.
Next steps
- Re-run the scenarios with different intro durations or rates to match real card offers.
- Use the CSV export to keep a payoff tracker in your spreadsheet.
- Compare with your current card’s retention offers before you initiate the transfer.
FAQ
What is a balance transfer fee?
A balance transfer fee is a percentage of the amount you move to the new card. Most issuers charge 3%–5%, and we add it to your starting balance in the transfer scenario.
What happens after the intro rate?
When the intro period ends, the go-to APR replaces the promo rate. The calculator switches to the go-to APR automatically for all remaining months.
How much should I pay monthly?
Paying more than the required minimum keeps the promo useful and helps you clear the balance before the go-to APR applies. Increase the required payment field until the payoff months drop below the intro period if possible.
Is my information stored?
No. All processing happens in your browser. Close the tab or refresh to clear the inputs.
For informational purposes only; not financial advice. Review our Privacy Policy and Disclaimer.