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credit-card-payoff-calculator.... by xlgeeks.com  103 views
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Credit Card Payoff Calculator
Help© 2008 Vertex42 LLC
Credit Card Info
Current Balance $5,000
Interest Rate17.50%
Interest-Only Payment $72.92
A. Calculate Months to PayoffMonthsPaymentInterest
Monthly Payment $120.00 12457.21486.53
(Needs to be greater than the interest-only payment)18317.84721.09
24248.41961.94
Months to Payoff64.62(5.39 years)30206.971209.05
Total Interest $2,754.43 36179.511462.37
42160.041721.86
B. Calculate Monthly Payment54134.432259.08
Payoff Goal (Months)36(3 years)60125.612536.66
Monthly Payment $179.51
Total Interest $1,462.37
Caution: Results are only estimates. Interest rates may vary, values may be
off due to rounding, and the calculator does not take into account late fees,
cash advances, or additional charges to the account.
[42][42]
CreditCardPayoff
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