Paying Off a Credit Card
Although Americans have reduced their personal debt levels in recent years, some credit card balances remain high. Additional monthly payments may make a difference and accelerate the payoff of your outstanding credit card debt.
Credit Card or Loan Information
Current credit card balance ($)
Annual percentage rate (%)
Proposed additional monthly payment ($)
Assumptions
Minimum payment percentage (%)
Minimum payment amount ($)
Skip December payment when offered?
No
Yes
Desired table display
Monthly
Yearly
Reset
Submit
Calculators For Websites
This is a hypothetical example used for illustrative purposes only. Actual results will vary.
Calculators For Websites