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Credit Card Principal/Interest Calculator
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
Enter annual interest rate (APR)
Enter the amount you are currently paying per month
Portion of next payment that will be applied to the principal
Portion of next payment this will go to pay interest charges
Total interest charges
Number of monthly payments
Total number of years
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Disclaimer
Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We can not and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
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