Credit card payoff calculator is a valuable tool in surviving credit card debts. Because it lets the duration it will take to pay off credit card debt or how much is needed.
Best Credit Card Payoff Calculator
There are thousands of online credit card payoff calculators with different level of preference. Because of usability issues and the accuracy if results. Below are the five of the best credit card payoff calculators online.
Bankrate’s Credit Card Payoff Calculator
Bankrate.com’s is a simple credit card payoff calculator that lets you quickly get the repayment period for one credit card. All you need is enter your credit card balance and interest rate. You can also enter your monthly payment amount to know when you will be debt free.
It can also calculate monthly payment at a debt-free time. Visit there official website for more details at http://www.bankrate.com/calculators/credit-cards/credit-card-payoff-calculator.aspx
Money-Zine.com’s Debt Repayment Calculator
Money-Zine.com’s credit card payoff calculator is enabled to guide on credit card debt payment on increased debt payments plan. All it needs is your total debt owed, current monthly payment, interest rate, and additional monthly payment.
The calculator can let you know debt payoff duration with current payment and increased payment, saved months by making extra payments. As well as the payable amount at current payment and increased payments. Finally, the amount saved by making extra payments. Visit http://www.money-zine.com/Calculators/Loan-Calculators/Debt-Reduction-Calculator/ for details.
CNN Money’s Debt Reduction Planner
CNN and Money is already a thrilling combination for an issue like this. By entering your credit card balance, interest rate, and monthly payment then specify min payments, fixed payments, or by a certain date. The minimum-only payment option will tell the time it will take to pay off your credit cards as well as the interest and principal.
While the fixed payment option will produce a payoff result based on the fixed payment entered. The credit card calculator can also let you know your monthly payment if you enter a debt-free deadline.
WhatstheCost.com Debt Snowball Calculator
This credit card payoff calculator is certainly worthy of this list as it allows entering up to 20 credit cards, their balances, interest rate, any promotional rate and its expiring months, as well as minimum payment. You choose to pay off card debts in order of highest interest rate first or lowest balance first. Goto there official platform for full gist at http://www.whatsthecost.com/snowball.aspx
Credit Card Finder’s Credit Card Repayment Calculator
MyCreditCardFinder.com you can enter up to nine credit cards, their balance, interest rate, and current minimum payment. You enter any monthly payment you’re able to pay. There are three repayment strategies: by paying the card with the highest interest rate before others, the one with the lowest balance, or any order however you want.
This calculator applies the total credit card balance and total minimum payments, and repayment strategy to create a repayment schedule. The repayment schedule is built to shows each credit card and the monthly payment to get each credit card repaid. Kindly go to there official at http://www.creditcardfinder.com.au/credit-card-calculator for everything you need to know.