Balance Transfer Calculator
Compare keeping your balance on your current card with moving it to a 0% intro APR card after the transfer fee.
Your numbers
- Transfer fee
- $240
- Interest if you stay
- $2,319
- Interest after transfer
- $41.19
- Payoff time after transfer
- 21 months
- Stay
- Transfer
How the balance transfer calculator works
We simulate monthly payments at the current APR versus transferring the balance plus fee, charging the promo APR for the intro period and the regular APR afterward.
Example
Using the default inputs (Balance: $8,000; Current APR: 24%; Transfer fee: 3%; Promo months: 18; Promo APR: 0%; …), the calculator returns net savings by transferring of $2,038. Change any field above to see your own result and charts update instantly.
Good for these goals
Frequently asked questions
Is a balance transfer worth the fee?
Usually yes if you can pay off most of the balance during the promo period and the fee is lower than the interest you would pay.
What happens after the promo ends?
Remaining balance accrues at the card’s regular APR, which can be high.
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Estimates are for educational purposes only and are not financial, tax or legal advice. Results depend on your inputs and simplified assumptions; tax figures reflect 2026 federal rules and may differ from your situation. See our disclaimer. © 2026 FinanzCalc.