REF / CALC-26

Worksheet / 2026

Balance transfer savings worksheet.

Pick a card, enter your current balance and APR, and get the full breakdown: net saving after fees, required monthly payment, and a month-by-month payoff tape if you want to see the mechanics.

Worksheet / FULL-26

Full Savings Worksheet

Inputs auto-update results · toggle the month-by-month tape below

$
%

Net Saving

$2,792

Monthly Payment

$381

over 21 months

Interest Avoided

$3,192

Transfer Fee

$400

5% of $8,000

Plan with Citi Simplicity: pay $381 per month for 21 months. You avoid roughly $3,192 in interest, pay a one-time fee of $400, and net $2,792. Right now you are paying about $153 per month in pure interest.

Reading the result

How to interpret the net saving

Bracket A

Net saving under $100

Probably not worth the effort of applying and managing a new card. Consider paying down the existing card aggressively, or wait until the balance is meaningfully larger.

Bracket B

Net saving $100 to $500

Worth doing, especially if the required monthly payment is comfortable. Set up the transfer and automate the payment. The saving covers the fee and leaves you ahead.

Bracket C

Net saving over $500

Move now. Every month you wait costs you the monthly-interest figure shown in the worksheet. Apply for the card, transfer the balance, and begin the payoff plan immediately.

Next Step

Compare all the cards

Not sure which card to plug in? Open the full comparison ledger with intro windows, fees, FICO ranges, and post-intro APRs.

Updated 2026-04-27