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Balance transfer calculator

A balance transfer moves debt to a card with a low intro rate, usually for a fee of a few percent. It pays off when the interest saved beats the fee.

Reviewed by Alex Thomas · Updated Nov 5, 2026

Moving it saves about $1,536.54: you pay a $180.00 fee but $1,716.54 less in interest.

Balance to move ($)

Current APR (%)

Monthly payment ($)

Transfer fee (%)

Intro period (months)

Intro APR (%)

APR after the intro period (%)

Transfer

+$1,536.54

Stay on current card

Time to pay off27 months

Interest$1,841.44

Transfer

Time to pay off22 months

Interest$124.90

Transfer fee$180.00

Left when the intro ends$1,680.00

New purchases on the transfer card usually charge interest from day one while you carry the transferred balance. Use another card for spending.

Ask members who've been there

Questions

Is a balance transfer worth it?

It is when the interest you avoid is bigger than the fee, and you can pay off most of the balance before the intro rate ends.

How much is a balance transfer fee?

Usually a percentage of the amount moved, often 3% to 5%, added to the new balance. Check the card's terms before applying.

What happens when the 0% period ends?

Whatever is left starts charging the card's regular APR. Plan a monthly payment that clears the balance, or most of it, before then.

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