Free payoff calculator

$500 at 24.99% APR: about 2 years to Pay Off at Minimums

Making only minimum payments on $500 at 24.99%? That's about 2 years and ~$10/mo in interest. See how extra payments slash your timeline — free calculator, no signup.

How Long to Pay Off $500 at 24.99% APR?

At 24.99% APR, a $500 balance accrues approximately $10 in interest per month. At minimum payments of $25/mo, it takes about 2 years and 3 months to pay off. Doubling your payment cuts that to roughly 1 year.