Financial Calculators & Tools
Making just the minimum monthly repayment on your credit card could mean taking longer to pay off your bill, hence incurring more intetrest along the way. Find out just how long this could
take and the total interest you might pay using this calculator (assumes your minimum payment is calculated using post April 2011 rules, that is the minimum monthy payment must cover all interest
so the minimum percentage repayment actually pays down your outstanding balance).
Assumes interest rate fixed throughout, in practice it could vary. Interest calculated monthly, compounding over the year to equal the APR figure.
Calculations are estimates provided for illustrative purposes only. Candid Money Limited accepts no liability whatsoever for their subsequent use.
Go to Calculators Homepage.