0% APR Balance Transfer Calculator — Calculate Your Savings & Payoff Timeline

0% APR Balance Transfer Calculator

Calculate how much you can save with a 0% APR balance transfer. Determine your monthly payments, payoff timeline, and total interest savings.

Step 1: Current Debt Details

$10,000
18%
$250

Balance Transfer Basics

A 0% APR balance transfer allows you to move high-interest credit card debt to a card with 0% interest for a promotional period, saving you money on interest.

Step 2: Balance Transfer Offer

3%
18
22%

About Transfer Fees

Most balance transfers charge a fee (typically 3-5% of the transferred amount). Make sure the interest savings outweigh this fee for the transfer to be worthwhile.

Balance Transfer Savings Results

Summary
Savings Comparison
Payment Schedule

Total Interest Savings

$1,850
By transferring $10,000 from 18% APR to 0% APR for 18 months
Months to Payoff
40 months
Transfer Fee
$300
Monthly Payment
$250
Total Cost
$10,300

Current Card vs Balance Transfer

Details Current Card Balance Transfer Difference

Payment Schedule

Balance Transfer Formula

Savings = (Current Interest Paid) – (Transfer Fee + Post-Intro Interest)

Calculate your potential savings by comparing the total interest on your current card versus the total cost (fee + interest) of a balance transfer card.

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