CC Minimum Payment (2006 Rules) Calculator
Are you paying the amount due as shown on your credit card bill each month, but the balance doesn't seem to budge and it certainly never gets paid off? Have you ever thought about how much you'll end up paying in credit card interest if you only pay the minimum required payment each month? This calculator will show you how much interest you will pay and how long it will take to pay off your credit card if you only make the minimum required payment each month. Show the amortization schedule to see the month-by-month payment breakdown. These numbers, of course, assume you will not continue to charge with the credit card and continue to pay just the minimum amount. This tool can help you determine the best small business credit cards or personal credit card. You may have to dig around or even make some phone calls to your credit card issuer to find out some of this information, but running this calculator can be a real eye-opening experience!
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Popup
Copy this text to popup the calculator in its own window. It is important to use your Account Number instead of 1 as shown in this example.
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<br><b>Financial Debt Calculators Group</b><br>
<script language="JavaScript" type="text/javascript">
<!--
//CC Minimum Payment (2006 Rules)
function CreditCardMinimumPayment()
{
window.open('http://www.webcalcsolutions.com/Credit-Card-Calculators/Credit-Card-Minimum-Payment.asp?AcctNum=1&Group=Debt-Calculators', '_blank', 'width=500,height=640,directories=0,location=0,menubar=0,resizable=1,scrollbars=1,status=0,toolbar=0');
}
-->
</script>
<i>Credit Card Debt</i><br>
<a href="javascript:CreditCardMinimumPayment();">CC Minimum Payment (2006 Rules)</a><br>
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Embedded
Copy this text to embed the calculator in your webpage.It is important to use your Account Number instead of 1 as shown in this example.
Financial Debt Calculators Group
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<iframe src="http://www.webcalcsolutions.com/Credit-Card-Calculators/Credit-Card-Minimum-Payment.asp?AcctNum=1&Group=Debt-Calculators" width="500" height="640" frameborder="0" scrolling="auto"><a href="http://www.webcalcsolutions.com/Credit-Card-Calculators/Catalog.asp" target="_blank">CC Minimum Payment (2006 Rules) Calculator</a></iframe>
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<a href='http://www.webcalcsolutions.com/' style='font-size: 8pt;'>Online Calculators - Financial Calculators, Health Calculators, and Health Assessments from WebCalcSolutions.com</a><br>
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Customizable Field Values
You can customize the following field values for this calculator. When the calculator runs it will have
the values you set for these fields. It is important to use your Account Number instead of 1
as shown in this example.
Financial Debt Calculators Group
CC Minimum Payment (2006 Rules) Calculator's Customizable Fields |
Screen Name |
Parm Name |
Parm Value Used in this Example |
Title |
Title |
Visa's Plutonium Card |
Credit Card Balance |
BalAmt |
5,000.00 |
Interest Rate |
IntRate |
12.5 |
Minimum Payment Percent |
MinPmtPct |
2.5 |
Minimum Principal Percent |
MinPrinPct |
1.25 |
Minimum Interest Amount |
IntMinAmt |
1.50 |
Minimum Payment Amount |
MinPmtAmt |
7.00 |
View Customized Calculator
<script language="JavaScript" type="text/javascript">
<!--
//CC Minimum Payment (2006 Rules)
function CreditCardMinimumPayment()
{
window.open('http://www.webcalcsolutions.com/Credit-Card-Calculators/Credit-Card-Minimum-Payment.asp?AcctNum=1&Group=Debt-Calculators&' + 'Title=Visa%27s Plutonium Card&BalAmt=5,000.00&IntRate=12.5&MinPmtPct=2.5&' + 'MinPrinPct=1.25&IntMinAmt=1.50&MinPmtAmt=7.00',
'_blank',
'width=500,height=640,directories=0,location=0,menubar=0,resizable=1,scrollbars=1,status=0,toolbar=0');
}
-->
</script>
<a href="javascript:CreditCardMinimumPayment();">CC Minimum Payment (2006 Rules)</a><br>
<br>
<a href='http://www.webcalcsolutions.com/' style='font-size: 8pt;'>Online Calculators - Financial Calculators, Health Calculators, and Health Assessments from WebCalcSolutions.com</a><br>
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Our examples have special characters (& or ') that must be encoded
to be interpreted properly by the browser. If the customized text you want to use
has any of these characters (&, ' [apostrophe or single-quote],
#, ?, ", \ or %) we have provided this Encode
tool so you can see how to type it into your script. Enter your customized text
then select 'Encode'. The encoded text will show up in the lower box and can be
copied and pasted directly into your script.
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