Credit Card Calculator - Estimate Payoff Time, Monthly Payments and Total Interest
Credit Card Calculator
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Fixed Monthly Payments
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Fixed Repayment Period
Years
Months
Repayment Plan Overview
Credit Card Balance
Payment Every Month
Repayment Period
Total Payments
Total Interest
Repayment Amortization Table
| Month | Payment | Principal | Interest | Ending Balance |
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| Year | Payment | Principal | Interest | Ending Balance |
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Payment Breakdown
Cumulative Payment Trends
Credit Card Balance $10,000 at 16% Interest, Fixed 3-year Repayment — What Is the Monthly Payment?
The monthly payment for a $10,000 credit card balance at 16% interest over 3 years is $351.57.
Credit Card Balance $10,000 at 16% Interest, Fixed Monthly Payment $425 - How Long to Pay off?
It will take 2 years and 5 months to pay off the balance.
References
Government Resources:
- Consumer Financial Protection Bureau - Credit Card Interest Rates
- Federal Reserve - Credit Card Interest Rate Information
- Federal Trade Commission - Choosing a Credit Card
- U.S. Treasury - Financial Education Resources
Educational Resources:
- CFPB - Debt Management Strategies
- FDIC Money Smart Financial Education
- SEC - Credit and Your Consumer Rights
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