Credit Card Debt Calculator
See how much extra you will pay if you only make minimum payments on your credit card bill
Paying off credit card debt in the most effective way possible is a key to successfully managing your finances. Calculating how long it will take to repay your debts and how much interest you will pay are also key factors as you decide if you need to get help to reduce your debts. Use this credit card payment calculator to compare different payment methods. If you think you may need debt relief, give Consolidated Credit a call at to speak with a trained credit counsellor in a free consultation or get started online with a Free Debt Analysis.
Enter the information below as directed. You should be able to find the information on your most recent credit card statement. Once you complete all fields click CALCULATE. You may use decimal points on cash values, but do not enter any other special characters, such as commas, $, %, etc. If you need assistance, click the blue help bubbles for more details.