This calculator will show you how much of your current credit card payment is being applied to the principal balance and how much is pure interest.
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Enter the current balance on your credit card: |
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Enter annual interest rate (APR): |
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Enter the amount you are currently paying per month: |
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Portion of next payment that will be applied to the principal: |
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Portion of next payment this will go to pay interest charges: |
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Total interest charges: |
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Number of monthly payments: |
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Total number of years: |
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