Credit Card

Payoff Calculator

40
$1,76
4
22 $985

Months To Payoff Based On Months To Payoff Based On Total Interest Based On Total Interest Based On
Minimum Payment Proposed Payment Minimum Payment Proposed Payment
Clustered column chart showing the comparison of Months
Clustered
to Payoff
columnLoan
chartBased
showing
o the comparison of Total Interest Paid Based on Minimum and Proposed Payments is in this cell.

Chart Data Amount

Months To Payoff Based On Minimum Payment 40

Months To Payoff Based On Proposed Payment 22

Total Interest Based On Minimum Payment $1,764

Total Interest Based On Proposed Payment $985

Loan Details Enter Values

Balance owed $10,000

Interest rate 10.00%

Minimum monthly payment $300

Proposed monthly payment $500

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