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**Credit Card Interest Calculator** excel is used to calculate the total interest paid on your credit card. Credit card payment calculator with amortization schedule has option to calculate interest by monthly payment or the desired payoff date, and the result is exportable to excel.

Total Interest |
$989.13 |
|||||

Total Principal |
$5,000.00 | |||||

Total Payment |
$5,989.13 | |||||

Monthly Payment |
$250.00 | |||||

Expected Payoff Time |
24 months | |||||

Payoff Date |
Jun, 2023 | |||||

## Amortization Schedule |
||||||

Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|

Jul, 2021 | 1 | $75.00 | $175.00 | $250.00 | $4,825.00 | |

Aug, 2021 | 2 | $72.38 | $177.63 | $250.00 | $4,647.38 | |

Sep, 2021 | 3 | $69.71 | $180.29 | $250.00 | $4,467.09 | |

Oct, 2021 | 4 | $67.01 | $182.99 | $250.00 | $4,284.09 | |

Nov, 2021 | 5 | $64.26 | $185.74 | $250.00 | $4,098.35 | |

Dec, 2021 | 6 | $61.48 | $188.52 | $250.00 | $3,909.83 | |

Jan, 2022 | 7 | $58.65 | $191.35 | $250.00 | $3,718.48 | |

Feb, 2022 | 8 | $55.78 | $194.22 | $250.00 | $3,524.25 | |

Mar, 2022 | 9 | $52.86 | $197.14 | $250.00 | $3,327.12 | |

Apr, 2022 | 10 | $49.91 | $200.09 | $250.00 | $3,127.02 | |

May, 2022 | 11 | $46.91 | $203.09 | $250.00 | $2,923.93 | |

Jun, 2022 | 12 | $43.86 | $206.14 | $250.00 | $2,717.79 | |

Jul, 2022 | 13 | $40.77 | $209.23 | $250.00 | $2,508.55 | |

Aug, 2022 | 14 | $37.63 | $212.37 | $250.00 | $2,296.18 | |

Sep, 2022 | 15 | $34.44 | $215.56 | $250.00 | $2,080.63 | |

Oct, 2022 | 16 | $31.21 | $218.79 | $250.00 | $1,861.84 | |

Nov, 2022 | 17 | $27.93 | $222.07 | $250.00 | $1,639.76 | |

Dec, 2022 | 18 | $24.60 | $225.40 | $250.00 | $1,414.36 | |

Jan, 2023 | 19 | $21.22 | $228.78 | $250.00 | $1,185.57 | |

Feb, 2023 | 20 | $17.78 | $232.22 | $250.00 | $953.36 | |

Mar, 2023 | 21 | $14.30 | $235.70 | $250.00 | $717.66 | |

Apr, 2023 | 22 | $10.76 | $239.24 | $250.00 | $478.42 | |

May, 2023 | 23 | $7.18 | $242.82 | $250.00 | $235.60 | |

Jun, 2023 | 24 | $3.53 | $235.60 | $239.13 | $0.00 |

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