Credit Card Minimum Payment Interest Calculator

This calculator will compute the total amount of interest you will end up paying if you make only the minimum required payment on your credit card bill. It will also tell you how many minimum payments you will make before your balance is paid off.

Enter Dollar Amount Charged:
Enter Annual Interest Rate (APR):
Enter Minimum Payment Percent:
(usually 3 or 4 percent)
Minimum Payment:
(usually 25 or 30 dollars)
Total Interest Charges:
Number of Monthly Payments:
Total Number of Years:

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