If you've wondered how a habit of paying only the minimum due towards your credit card balance each month affects you, check out this calculator.

Note: When entering numbers into the data fields, only use numbers and applicable decimal points. Entering commas, dollar signs, or any other non-numeric characters will cause an error.

The accuracy of this calculator and its applicability to your circumstances is not guaranteed. Results should be discussed with a qualified professional before any product purchases or loan commitments are made. Please contact us with any and all questions.

Current Balance:

 $ 

Future Monthly Charges:

 $ 

Future Monthly Payments:

 $ 

Goal - Months Until Payoff:

Annual Fee:

 $ 

Annual Rate:

 %

If you want to pay off your balance of $  in months, stop making charges to your card and make a monthly payment of $ . (If you continue to make charges, notice the effect on your calculations—and on your budget!)

Otherwise, at your current payment of $ , you will pay off your balance in months.

* This is a printer friendly version of the original page, made to save you ink and paper.

Health Facilities Federal Credit Union: Our Members Are the Reason We Exist


Credit Card Payoff Calculator

If you've wondered how a habit of paying only the minimum due towards your credit card balance each month affects you, check out this calculator.

Note: When entering numbers into the data fields, only use numbers and applicable decimal points. Entering commas, dollar signs, or any other non-numeric characters will cause an error.

The accuracy of this calculator and its applicability to your circumstances is not guaranteed. Results should be discussed with a qualified professional before any product purchases or loan commitments are made. Please contact us with any and all questions.

Current Balance:

 $ 

Future Monthly Charges:

 $ 

Future Monthly Payments:

 $ 

Goal - Months Until Payoff:

Annual Fee:

 $ 

Annual Rate:

 %

If you want to pay off your balance of $  in months, stop making charges to your card and make a monthly payment of $ . (If you continue to make charges, notice the effect on your calculations—and on your budget!)

Otherwise, at your current payment of $ , you will pay off your balance in months.



All rights reserved. Copyright 2009 - 2010, Health Facilities Federal Credit Union