Paying off Credit Card Debt with Minimum Payments

Input Information
Credit Card Balance and Annual Interest Rate
Current Card Balance : ($)
Annual Interest Rate : (%)
Minimum Payment Requirement from the Most Recent Statement
Current Minimum Payment : ($)
Fixed Payment You Can Afford To Pay Every Month
Fixed Payment Amount : ($)
 View Amortization Table in PDF
Financial Analysis
  Minimum Pmts. Fixed Pmts.
Total Payments : $19,081.83 $13,030.01
Payoff Timeline : 18 Years 5 Months 3 Years 2 Months
Time Saved : 15 Years 3 Months
Total Interests Paid : $9,081.83 $3,030.01
Interest Savings : $6,051.82

LendersMark provides no guarantees, and NO WARRANTY, expressed or implied, for the accuracy of any information or calculators provided, or their applicability to your financial situation. We suggest that you consult your own financial advisor.