Financial Calculators

How much interest will you end up paying if you only pay your credit card bill's minimum payment? You may be shocked when you see how much extra money this can add up to! Remember: this calculator is for information purposes only. If you need additional help with your debt, please contact us using the form to the right.
Note: On your credit card bill statement, there should be reference to something like "Your minimum payment will be 3% of the balance or $15, whichever is higher." This is the amount you enter in Rows 3 and 4.

Enter the dollar amount charged:
Enter the annual interest rate:
(3) Enter the minimum percent payment amount:
(4) Enter the minimum dollar payment amount:
Total interest charges you will pay:
Total number of payments you will make:
Total number of years until debt is paid off:
Estimated foregone interest earnings:
Total Estimated Opportunity Cost: