This calculator shows 3 methods for paying off a credit card balance on a monthly installment basis given an outstanding balance and an Annual Percentage Rate (APR):

1) Minimum Payment Amount

2) Minimum Percentage Amount

3) Payoff in Years

This calculator has 5 inputs.

1) Minimum Payment Amount

2) Minimum Percentage Amount

3) Payoff in Years

This calculator has 5 inputs.

- annual percentage rate
- the yearly interest generated by a sum that is charged to borrowers or paid to investors.
- credit card balance
- installment
- one of the amounts, usually equal, into which a debt is divided for payment at stated intervals over a fixed period
- interest
- payment from a borrower or deposit-taking financial institution to a lender or depositor of an amount above repayment of the principal sum, at a particular rate