← Back to all calculators
Debt PayoffCredit Card & Debt
Balance Transfer Calculator — How Much Could You Save?
Calculate exactly how much a 0% APR balance transfer card saves versus staying on your current card.
Balance Transfer Savings Details
$8,000
$
22.99%
%
3%
%
18
$400
$
Results
LiveNet Savings After Fee
$2,519
One-Time Transfer Fee$240
Interest if You Stay (promo period)$2,759
Balance Paid Off in Promo Period$7,200
One-Time Transfer Fee$240
Interest if You Stay (promo period)$2,759
Net Savings After Fee$2,519
How to use
Change one assumption at a time to see what moves the answer most.
Frequently Asked Questions
Everything you need to know.
Related Calculators
Debt Avalanche vs Snowball Calculator
Debt Payoff
Compare the two most popular debt payoff strategies side by side.
Debt Payoff Calculator (Avalanche vs Snowball)
Debt Payoff
Compare the avalanche method and snowball method for paying off your debts.
Credit Card Interest Calculator
Debt Payoff
See the true annual cost of carrying a credit card balance.
Credit Card Payoff Calculator
Debt Payoff
See how long it takes to pay off your credit card balance and how much interest you'll pay.
Why This Matters
A 0% APR balance transfer on $5,000 of credit card debt at 22% can save $1,100 in interest if paid off during the promotional period. This calculator shows you the exact savings after accounting for the transfer fee.
How to Use It
- 1Enter your current balance and APR
- 2Enter the transfer fee (typically 3–5%)
- 3Set the 0% promotional period length
- 4See your exact interest savings net of fees
🗺️
Run Money Map Not sure where to start?
Money Map finds your biggest gap in 90 seconds — no sign-up required.
Ready to take the next step?
Compare rates, run Money Map, or explore the full SwitchWize toolkit.