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Credit Card calculator
The true cost of paying the minimum
What is your credit card balance?
$
What is the interest rate on your credit card?
1%
2%
3%
4%
5%
5.9%
6%
7%
8%
9%
10%
11%
12%
13%
14%
15%
16%
17%
18%
19%
20%
21%
22%
23%
24%
25%
26%
27%
28%
29%
30%
31%
32%
33%
34%
How is your minimum payment calculated?
Interest + 1% of balance
2%
2.08%
2.5%
2.78%
3.0%
3.5%
4%
4.5%
5%
Your minimum payment:
$
What fixed payment could you make each month?
$
Select a payment schedule based on:
Minimum payment
Fixed payment
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MORTGAGE
REFINANCE
AUTO
CDs
CHECKING/SAVING
Product
Rate
Change
Last week
30 year fixed
3.49%
0.04
3.45%
15 year fixed
2.77%
0.07
2.70%
5/1 ARM
3.03%
0.02
3.01%
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Product
Rate
Change
Last week
30 year fixed refi
3.51%
0.04
3.47%
15 year fixed refi
2.81%
0.09
2.72%
10 year fixed refi
2.76%
0.02
2.74%
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Product
Rate
Change
Last week
60 month used car loan
2.90%
0.06
2.96%
48 month used car loan
2.94%
0.06
3.00%
60 month new car loan
2.98%
0.06
3.04%
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Product
Rate
Change
Last week
6 Month CD
0.75%
0.01
0.74%
1 Year CD
1.18%
0.00
1.18%
2 Year CD
1.32%
--
0.00
1.32%
5 Year CD
1.66%
--
0.00
1.66%
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Product
Rate
Change
Last week
MMA and SAVINGS
0.55%
0.03
0.52%
$10k MMA
0.48%
0.04
0.52%
Interest Checking
0.31%
0.00
0.31%
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