| This calculator will show you how much interest you will end up saving if you start making fixed payments on your credit card rather than the prescribed minimum payments.
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| Enter principal balance owed ($): |
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| Enter your credit card's annual interest rate (%): |
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| Enter current minimum payment (of balance): |
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| Enter a fixed payment amount you could make each month ($): |
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| Payment Method |
Number
of
Payments |
Total
Interest
Cost |
| Minimum payments: |
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| Fixed payments: |
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| Fixed payment savings: |
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