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Snowball
OneLife_OneShot
Posts: 775 Forumite
I am trying to figure out how to see how much interest will be charged on a card I am aiming to pay off.
The whatsthecost.com calculator is good but it wants £xx per month towards the debt.
Where as I have 2 payments left on a debt but they will be different.
Basically the card is £850 and I want to pay £370 one month and then £ 480 the next, I know the cards APR and minimum percentage payable. Does anyone have any advice?
Taking the average of the 2 payments does not give the correct indication of interest though.
Thanks.
The whatsthecost.com calculator is good but it wants £xx per month towards the debt.
Where as I have 2 payments left on a debt but they will be different.
Basically the card is £850 and I want to pay £370 one month and then £ 480 the next, I know the cards APR and minimum percentage payable. Does anyone have any advice?
Taking the average of the 2 payments does not give the correct indication of interest though.
Thanks.
"All truths are easy to understand once they are discovered, the point is to discover them."
0
Comments
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Try this
https://www.vertex42.com/Calculators/debt-reduction-calculator.html
I use this one quite a lotMoney money money.
Debt
Dec 2016: [STRIKE]£25,158.71[/STRIKE] £21,999.99
#28 Pay off debt in 2017 £3803.550
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