Balance Transfer Savings Calculator
Calculate net savings from transferring a credit card balance to a 0% APR promotional offer, accounting for transfer fees.
Financial Disclaimer
This calculator is for educational purposes only and does not constitute financial advice. Results are estimates based on the inputs provided. Consult a qualified financial advisor before making investment or financial planning decisions.
Inputs
Results
Net Savings
$1,293.04
≈ 10 pairs of sneakers
How to Use This Calculator
- Enter your current credit card balance and its annual APR.
- Set the balance transfer fee percentage (typically 3–5%) and the promotional 0% APR period in months.
- Input your planned monthly payment on the transferred balance.
- Review Promo Period Savings to see how much interest you avoid during the 0% window.
- Check Net Savings (savings minus transfer fee) to confirm the transfer is worth doing.
How the result changes with Current Balance
| Current Balance | Net Savings |
|---|---|
| $10,000.00 | $1,888.72 |
| $35,000.00 | $9,334.70 |
| $65,000.00 | $18,269.87 |
| $90,000.00 | $25,715.85 |
What each input means
- Current Balance
- Balance you plan to transfer to the new card.
- Current Card APR
- Interest rate on your current credit card.
- Balance Transfer Fee
- One-time fee charged for the transfer (typically 3-5%).
- Promo Period (Months)
- Length of the 0% APR promotional period.
- Monthly Payment
- Amount you plan to pay each month.
Engine last updated . Checked against 1 independently-derived test — how we verify calculators.
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