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College Financing and Career Guide 2007
Tools & work sheets
These calculators and work sheets will help you plan your entire financial life.
Tools & work sheets
The true cost of paying the minimum


Is your money being sucked into a compound interest sinkhole? If you're not paying off your credit cards every month, that's just what can happen. It depends on the interest rate charged by the credit card company and whether you pay as much as you can, or just the minimum amount due. More

  The true cost of paying the minimum
What is your credit card balance? (no commas) $
What is the interest rate on your credit card? *
How is your minimum payment calculated?
Your minimum payment: $
What fixed payment could you make each month? $
Select a payment schedule based on:
 

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