Balance Transfer Break-Even
Find out whether a 0% balance transfer offer actually saves you money once you account for the transfer fee.
$
%
$
New Card Details
%
%
mo
%
You Save
$3,480
with the balance transfer
Transfer Fee
$240
3% upfront
Break-Even Month
Month 2
when transfer savings exceed the fee
Side-by-Side Comparison
Stay on Current Card
Total Interest
$4,509
Fees
$0
Total Cost
$4,509
Payoff Time
4 yr 3 mo
Balance Transfer
Total Interest
$788
Transfer Fee
$240
Total Cost
$1,028
Payoff Time
3 yr