I need something similar to the repayment calculator.

Simon_Preston

Is there a tool that will work out how long a credit card debt will take to pay if I pay off a certain amount each month, rather than the minimum?
I'm looking into taking out a loan to pay off my last remaining card if I can't transfer the balance to something else but I'm weighing up what the total costs will be.

thriftymomma

http://www.moneymadeclear.fsa.gov.uk/tools.aspx?Tool=loan_calculator

Hope that helps.

Simon_Preston

Cheers but thats not what I'm after. I want something that works out a credit cards cost and how long it'd take to pay back if I make a maintained payment each month.

Mark64uk

How about

w w w .makesenseofcards.c o m/calcpay.html

Sorry i cant post real links the board wont let me.

Mark

never-in-doubt

On behalf of above poster who can't post links....

http://www.makesenseofcards.com/btcalc.html

http://www.makesenseofcards.com/calcpay.html

Comyface

http://www.which.co.uk/advice/finding-the-best-ways-to-borrow/paying-back-debt/index.jsp

Found this after using ThriftyMomma's link, it's on the same site.

Simon_Preston

Brilliant. Thats what I needed. Thanks guys.

Simon_Preston

Don't suppose anyone knows the formula to work this out do they? I want to incorporate it into my credit card spreadsheet so it can give me a rough estimate as to when the card will be paid off.