Credit Card Calculator
Calculator
Amortisation
Enter your credit card details
Enter your monthly repayment details
Annual Card Fee:
Annual Interest Rate:
Balance Outstanding:
Min Repayment Allowed ($):
Min Repayment Allowed (%):
Initial Minimum Repayment:
Choose Higher Repayment:
View your results
Minimum Payment
Faster Payment:
Payment Time:
Total Interest Paid
Payment Time:
Total Interest Paid:
Enter email address to send:
This calculator helps you estimate how much time and interest you can save if you repay more than your minimum repayment.
Assumptions
This calculator does not take into account credit card fees.
It is assumed that no additional spending on the card and no cash advances.
This calculator does not take into account interest free period.
The interest rate is the annual rate on your credit card and is compounded monthly.
The minimum repayment is calculated based on the card balance and the minimum repayment % (percent) or $ (dollars) entered. It varies from month to month.
It assumes higher amount remains constant each month.
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