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CREDIT CARD PAYMENT CALCULATOR

INSTRUCTIONS

This calculator is designed to help you understand your credit card debt and pay it off as quickly as possible. It will also calculate the total interest you will pay under various scenarios.

You may also like to try our other credit card calculators:

ENTER DETAILS HERE
  
Currency:
REPAYMENT TIME

  
How long will it take to completely pay off my credit card bill?

Calculate how many months it will take to pay off your credit card balance and the amount of interest you will pay during that time, based upon the interest rate that you enter.

Credit Card Balance:
Interest Rate (APR): %
Payment Amount Per Month:
MONTHLY REPAYMENT CALCULATOR

  
What monthly payments should I make to eliminate my credit card balance within a certain time?

Calculate how much you have to pay every month to eliminate your credit card balance within a certain period of time. The calculator will also show you the amount of interest you will pay during that time, based upon the interest rate that you enter.

Credit Card Balance:
Interest Rate (APR): %
Desired Months
Until Debt Free:
 

NOTES

This calculator is applicable to both personal and business credit cards.

Rate Center
Today's Average Rates Across the Country*
Savings / MMA
Min Balance APY Trend
< $10k 0.26%
$10k - $24.9k 0.33%
$25k - $49.9k 0.44%

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Last modified: Sunday, May 19, 2013.