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Credit Card Calculator

Online Credit Card Calculator calculates the minimum payment or what it will take to pay off your current balance, and gives the payment schedule for your credit card.

Calculator - Minimum Payment

This calcualtor helps to calculate what your minimum payment will be. Input the Current Balance and Interest Rate, and select the components of minimum payment, then click the "Calculate" button.
  • Current Balance:
  • Interest Rate (APR):
    %

Components of Minimum Payment:

  • Percentage of Balance:
  • Minimum Amount:

Calculator - Payoff

This calculator helps to calculate what it will take to pay off your current balance. Input the Current Balance, Interest Rate, and one of the other 2 boxes, then click the "Calculate" button.
  • Current Balance:
  • Interest Rate (APR):
    %

Enter one of the following：

  • Desired Months to Pay Off：
    months

To calculate the monthly payment necessary to payoff your balance

  • Desired Monthly Payment：

To calculate the number of months it will take to payoff your balance

Related Calculators

Related Information

1. Minimum payment:

The minimum payment is the amount of money you have to pay if you have a balance on your credit card account.


In many cases, a credit card company will charge a percentage of the balance on the card as the minimum monthly payment. Part of the minimum payment will go towards interest, and only a small portion of it will go towards your principal.


Some credit cards charge the interest plus 1% of the balance to ensure that the 1% will go towards your principal.


More Information: More about Credit Card