Rant and Rave About Your Credit Cards in our Forum!

For Students

 

IHateCreditCards.com

I Hate Credit Cards - Free. Informative. Helpful.

<Home> <Credit Card Payoff Calculator 1>

Site Map

Payoff Calculator Style One

Credit Card Minimum Payment Interest Calculator
This calculator will show you how much interest you will end up paying if you make only the minimum required payment on your credit card bill. It will also tell you how many minimum payments you will make before your balance is paid off (up to a maximum of 600 payments).

Instructions: Somewhere in your credit card disclosure statement the card company will tell you something like "your minimum payment will be 2% of the balance or $10, whichever is higher. These are the figures you will enter in Column C and Column D respectively.

Dollar
Amount
Charged		 Annual
Interest
Rate		 C
Minimum
Payment
Percent		 D
Minimum
Minimum
Payment		 Interest
Charges		 Number of
Payments		 Total #
of Years
Copyright © 1997-2005 Web Winder Site Traffic Magnets. All rights reserved.


Go to the next page for another style of payoff calculator, here...

Credit Card Facts | Credit Card Discussion Forum | About Us

IHateCreditCards.com ®     Copyright © 2005 Ramsey Interactive, Inc.  All rights reserved. Terms of Use