Quick answer
$300 extra each month is a fast-track payoff strategy. If you can swing it for a year, you’ll usually save a lot of interest.
Run the calculator (pre-filled)
Open the payoff calculator with $300 extra already filled in.
Why extra payments work so well
Credit card interest is based on your remaining balance. Paying extra reduces the balance sooner, which reduces future interest, which means more of your next payment goes toward the balance. That “snowball” effect is why small extra payments can matter.
Tip: If you’re not sure what payment is realistic, try
+$25,
+$50, and
+$100
and compare results side-by-side.