RMDIRECT.NET
Residential Mortgage Direct Information

The Good...The Bad... & The Ugly!
Your Inside Source in The Mortgage Industry!

"Think of me as your personal advisor & your best friend! If this was a legal case I would be your lawyer...and a damn good one!" Ally

Navigation

 
  Compare Lenders
  Your Questions (FAQ)
 
 
 
 
 
 
 
 

This week's lowest rates Compare mortgage rates today.



Credit Card Minimum Payment Interest Calculator
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).

Instructions: Somewhere in your credit card disclosure statement the card company will tell you something like "your minimum payment will be 2% of the balance or $10, whichever is higher. These are the figures you will enter in Column C and Column D respectively.

Dollar
Amount
Charged
Annual
Interest
Rate
C
Minimum
Payment
Percent
D
Minimum
Minimum
Payment
Interest
Charges
Number of
Payments
Total #
of Years
Copyright © 1997-2007 Web Winder Site Traffic Magnets. All rights reserved.