Revolving Balance Interest Calculator

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By paying off your credit card balance each month, you can save money on interest. Enter your credit card balance, interest rate, and an average monthly payment, then choose a time period to see how much interest you'd actually pay over that time.

Current balance on your credit card.
 % What is your credit card's annual interest rate?
Average monthly payment. If blank, we'll use 3% of balance.
Over what time period to calculate your interest charges?
The interest charges over that time period.
 
 

 

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