Finance Utility Toolkit
Credit Card Payoff Calculator 
Calculate your debt-freedom date and visualize the impact of extra payments for .
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Debt Freedom Date: -
Precision Logic ( Edition)
Monthly Repayment Roadmap
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OTechy Credit Card Payoff Master is a high-authority financial utility designed to help users eliminate high-interest debt in . It utilizes a periodic interest algorithm to provide real-time payoff timelines, enabling users to visualize massive interest savings through extra payments and export professional PDF debt-reduction roadmaps globally.
How to Use the Smart Payoff Planner
- 1 Enter Balance: Input the total amount currently owed on your card.
- 2 Define APR: Enter the Annual Percentage Rate (e.g., 36% or 42%).
- 3 Optimize Extra: Add a small extra monthly payment to see how your "Freedom Date" jumps closer.
Why escape the Credit Card "Minimum Payment" Trap?
Minimum payments are designed by lenders to keep you in debt for decades. In , with higher interest rates, paying only the minimum can mean paying back 3x to 4x what you originally borrowed. This tool helps you visualize the Avalanche Method of debt reduction.
Repayment FAQs
What is a Daily Periodic Rate? It is your APR divided by 365. This determines the daily interest added to your balance.
How does extra payment help? 100% of your "Extra Monthly" amount goes toward the principal, reducing the base for future interest.
Is my data safe? Yes. All OTechy utilities are client-side. Your financial numbers never leave your browser.
Can I use this for Loans? Yes, this logic applies to any high-interest reducing balance credit facility.