Credit Card Payment Calculator

Annual interest

Disclaimer: Please use this calculator as a guide only. All interest or profit rates, amounts, and terms are for reference only and not necessarily applicable to your personal credit profile. does not guarantee its accuracy or applicability to your circumstances.

How it works:

  1. Based on Credit card outstanding amount, the calculator assumes you start paying by the next statement period.
  2. The outstanding balance will be recalculated for each period with outstanding balance until paid off.
  3. The interest rate will be converted to monthly to get the compounding fee for each month with outstanding balance.
  4. For every period, the interest charged are imposed on the total outstanding balance of the month.
  5. If Monthly payment and Interest input is empty, default value will be used.