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how much per month would the repayments be?
john_1969
Posts: 30 Forumite
in Credit cards
I can't get my head around how much it will cost me per month to pay the card back.
Can anyone help from the details supplied please?
Say used £2400 on a card and this is the apr figures? Or is there a calculator about?
Standard Cash Withdrawal: 25.590%
Can anyone help from the details supplied please?
Say used £2400 on a card and this is the apr figures? Or is there a calculator about?
Standard Cash Withdrawal: 25.590%
0
Comments
-
Is this what you are looking for: http://www.moneysavingexpert.com/credit-cards/minimum-repayments-credit-card#calcSome days you're the dog..... most days you're the tree!
0 -
APR means the interest being charged on the running balance.
Annual 25.59% is 1.92% per month.
The total cost depends on how much you pay back every month and how long it takes you to repay. The minimum payment depends on the card.0 -
Is this what you are looking for: http://www.moneysavingexpert.com/credit-cards/minimum-repayments-credit-card#calc
That's great thanks
Making a fixed payment of £250:
This £2,400 debt
will take 011 months
and cost £275 in interest.
Thought it would be a great deal more than that.0
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