Credit Card Calculator

Avatar for CMEvelyn
iVillage Member
Registered: 05-29-2012
Credit Card Calculator
Wed, 01-23-2013 - 9:50am

What will it take to pay off your credit card?

Use the Bankrate.com calculator to find out.

Enter the total balance of your card, the interest rate, and the payment per month, or amount of months you want to pay it off, and it will calculate either how many months it will take to pay it off, or how much you have to pay per month.

It's interesting to play with the different monthly amounts to see what a difference they make in the time it will take to pay it down.