Credit Card Payment Calculator Formula

Credit card payment calculator formula

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Read a related article: How Credit Card Interest is Calculated

Read another related article: What Are The Benefits to Calculating Your Daily Interest Rate?

Enter your numbers below and the calculator will automatically calculate how long it will take to pay off your credit card debt as well as how much you’ll need to pay monthly.

Fixed Balance$
APR (%) 
Monthly Payment$
Months until Payoff 
Years until Payoff 

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