# Credit Card Payoff: Nothing of value posted that I can find.

#### mqarep

##### Board Regular
I am looking for a formula or spreadsheet example that calculates a Credit Card payoff (in months) based on current balance, APR, and the input of a monthly payment (which would/could vary).

Thank you for your help and time.

#### RalphA

##### Well-known Member
Use the NPER() function, which is:
Number of Months =NPER(rate,pmt,pv,fv), where:
rate = %rate per year/12, or rate per year/1200
pv = present value, or, for a debt, the amount of the debt
fv = future value, or, for a debt, 0.

If you need an algebraic formula, I think I can get it for you. Just post again, or send me a PM.

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