Credit Card

Payoff Calculator

Balance owed $10,000 Months to payoff based on minimum payment

Interest rate 10.00% Months to payoff based on proposed payment

Minimum monthly payment $300 Total interest based on minimum payment

Proposed monthly payment $500 Total interest based on proposed payment

Months to Payoff Total Interest

50
$2,000

40
$1,500

30

$1,000
20

$500
10

Page 1 of 4
0 $0
1 2 1 2
50
$2,000

40
$1,500

30

$1,000
20

$500
10

0 $0
1 2 1 2

Page 2 of 4
 40

22

$1,764

$985

$2,000

$1,500

$1,000

$500

Page 3 of 4
$0
1 2
$2,000

$1,500

$1,000

$500

$0
1 2

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