Balance Payoff Minimum Credit Card Payment Calculator
CreditFederal.com has added a new, free financial tool for consumers.
Our Credit Card Payment Calculator will show you how much you need to pay each month (monthly minimum) in order to completely payoff your credit card balance within a certain number of months.
If; for example, you want to know how much money you will need to pay monthly on your credit card with a $10,000 balance in order to have it completely paid off within 3 years (36 months), our calculator will give you the amount plus an amortization schedule.
Unlike our other credit card interest calculator which tells you how long it will take to payoff a balance based upon the monthly payments you desire to make, this calculator tells you how much you must pay in order to payoff the card over a period of time.
Both calculators can be accessed via our financial calculators web page.