Credit Card Calculator

Use the Credit Card Calculator to calculate your total interest paid and to determine how many years it will take to payoff your balance based on your minimum monthly payment.

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Credit Card Information

Credit Card Balance: ? The amount you owe to the credit card issuer. Indicated on your credit card statement. Close
Annual Interest Rate (APR): ? The annual interest rate charged by your credit card issuer if you carry a balance. Close
Minimum Monthly Amount: ? The minimum amount you must pay each month on your credit card. The minimum payment is the greater of these two amounts: A fixed amount (for example, $15), or a percentage (for example, 4%) of the balance you owe. Check your credit card agreement to see what formula your credit card issuer uses to calculate the minimum monthly payment you are required to pay on your credit card. Close
Minimum Monthly Percentage: ? The minimum amount you must pay each month on your credit card. The minimum payment is the greater of these two amounts: A fixed amount (for example, $15), or a percentage (for example, 4%) of the balance you owe. Check your credit card agreement to see what formula your credit card issuer uses to calcaluate the minimum monthly payment you are required to pay on your credit card. Close