Credit Card Repayment Calculator

Credit card is very practical for use anytime and anywhere. However, we must adjust our spending with our revenue. Therefore, before deciding to do transaction  with the credit cards, you should know this tool, Credit Card Repayment Calculator.

The Debt Repayment Calculator will show you how long it will take to pay off your credit card debt. Choose from making the minimum payment, a fixed amount of your choosing, or a time when you would prefer to be debt free

We can adjust how much monthly installment we are going to pay off for those bills.By using this tool, we can use a credit card wisely.It's easy, just fill the number of transaction that you want to do.

For example: 3000 $ is the value of a transaction that we would do with a credit card.

200 $ is the ability per month which you can pay

17.5% were of interest per year on your credit card

the annual fee is $ 50

If you do not know your credit card interest and annual fee, you can ask  the credit card issuer.

By using the credit card repayment calculator we will know that we can pay off our bills within the next 18 months and the total payment is $ 3510

mozo.com.au

Balance	Interest
3,000	50
2,844	44
2,685	85
2,524	124
2,361	161
2,196	196
2,028	228
1,857	257
1,684	284
1,509	309
1,331	331
1,50	350
967	367
781	381
593	393
401	401
10	410
0	410

Balance: $ 3000

Interest: $410

Annual fee (1.5 rounding = 2 years) = 2 x$ 50 = $100

Total: $ 3000 + $ 410 + $ 100 = $ 3510 in 18 month period of time, your credit card bill will be paid off.