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.
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.
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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
