Credit Card Payoff Calculator
Download from Vertex42.com
© 2007 Vertex42, LLC
Monthly Payment
Credit Card Info
Current Balance Interest Rate $ 4,500 17.50%
Calculate Months to Payoff
Monthly Payment: Months to Payoff
Total Interest -
$450 $400 $350 $300 $250 $200 $150 $100 $50 $0
411
286 224
186
162
144
121 113
Months Payment Interest
12
12 $411.49 $437.88 Months to Payoff 18 $286.05 $648.98 24 30 36 42 54 $223.57 $186.27 $161.56
1,088 $120.98 866
18
24
30
36
42
54
60
-
Total Interest
2500 2000 1500
1000
Calculate Monthly Payment
Payoff Goal (in months): Monthly Payment
Total Interest -
1,550
$865.75 2,283 2,033 ###### ###### ###### ######
1,316 $144.04 ######
500 0
438 60
649
$113.05
-
12
18 24 30 36 42 Months to Payoff
54
60
What will it take to completely pay off the balance of a credit card at the current interest rate? Enter your current balance and interest rate. Then, enter a monthly payment to calculate how many months it will take to pay off the credit card, or enter the payoff goal to calculate what your monthly payment must be to meet that goal. The calculator assumes a constant interest rate, and it does not take into account any late fees, future charges, or cash advances.
http://www.vertex42.com/Calculators/credit-card-payoff-calculator.html
© 2007 Vertex42 LLC