9 calculators in this category
- Credit Card Payoff CalculatorRevolving credit, average daily balance methodA credit card has no term. Unlike a mortgage or a car loan, nothing in the agreement says when the balance reaches zero — that…
- Debt Snowball CalculatorDeclining-balance amortisation, monthly compoundingThe debt snowball pays your debts in order of smallest balance first , ignoring interest rates, and rolls every payment freed…
- Debt Avalanche CalculatorHighest-rate-first (avalanche) allocationWhen several debts compete for the same money, the order you clear them in changes what the whole exercise costs. The avalanche…
- Debt-to-Income Ratio CalculatorFannie Mae Selling Guide B3-6-02 / HUD Handbook 4000.1Your debt-to-income ratio is the single number that decides most mortgage applications. This calculator produces both halves of…
- Credit Card Minimum Payment CalculatorRegulation Z (12 CFR 1026) minimum payment disclosureA minimum payment is not a number the issuer picks; it is a formula in your cardholder agreement, usually the larger of a small…
- Debt Consolidation Loan CalculatorRegulation Z (12 CFR 1026)A consolidation loan is worth taking when the interest it saves exceeds the fee it charges — and not otherwise. This calculator…
- Credit Card Interest Charge CalculatorRegulation Z (12 CFR 1026)Card issuers do not charge interest on your statement balance. They charge it on the average of every day's balance across the…
- Balance Transfer Savings CalculatorRegulation Z (12 CFR 1026)A balance transfer trades a one-off fee for a stretch of cheap or free interest. Whether that is a good trade depends on three…
- Credit Utilization Ratio CalculatorFICO Score — amounts owed categoryCredit utilization is the share of your revolving credit limits you are currently using, and it is the largest input to a…
Which one do you need?
- Credit Card Payoff Calculator
- Find how long a fixed payment takes to clear a credit card, what the interest costs, and the payment needed to be debt-free by a date you choose.
- Debt Snowball Calculator
- Order your debts smallest balance first, roll each freed payment into the next, and see your debt-free month, total interest and the time you save.
- Debt Avalanche Calculator
- Order up to four debts by interest rate to minimise what you pay. See the debt-free date, the payoff order, and exactly what the avalanche saves over the snowball.
- Debt-to-Income Ratio Calculator
- Work out your front-end and back-end debt-to-income ratio from gross income and monthly payments, and check both against conventional, FHA and VA limits.
- Credit Card Minimum Payment Calculator
- Compute the minimum due under your issuer's formula and see how long a declining minimum takes to clear the balance, plus what a fixed payment saves instead.
- Debt Consolidation Loan Calculator
- Compare your current debts against one consolidation loan. See the new payment, total interest before and after, net savings and the fee that wipes them out.
- Credit Card Interest Charge Calculator
- Work out the finance charge on a billing cycle the way issuers do: daily periodic rate times average daily balance times days. Check your statement line by line.
- Balance Transfer Savings Calculator
- Compare a 0% balance transfer against your current card. See the transfer fee, interest avoided, net saving and the payment needed to clear it in time.
- Credit Utilization Ratio Calculator
- Calculate revolving utilization per card and across all cards, and find the exact paydown or limit increase needed to reach your target before you apply.