Credit Card Minimum Payment Interest Calculator
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This calculator will show you how much interest you will end up paying if you make only the minimum required payment on your credit card bill. It will also tell you how many minimum payments you will make before your balance is paid off (up to a maximum of 600 payments).

Note: When entering numbers into the data fields only use numbers and applicable decimal points. Entering commas, dollar signs, or any other non-numeric characters will cause an error. Also please note that this calculator has been tested to work with Internet Explorer 3.01 and Netscape Navigator 3.01 web browsers. However, both must have the JavaScript option turned on.
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Enter Dollar Amount Charged: $
Enter Annual Interest Rate:  %
Enter Minimum Payment Percent:
(Check your statement -- usually 2 or 3 percent)
 %
Minimum Minimum Payment:
(Check your statement -- usually 10 or 15 dollars)
$
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Total Interest Charges:
Number of Monthly Payments:
Total Number of Years:

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DISCLAIMER:
The accuracy of this calculator and its application to your specific
situation is not guaranteed. We encourage you seek advice from qualified
professionals regarding all personal finance issues.