LEGACY FINANCIAL ASSOCIATES

Informed decisions and solutions for the best half of your life.

Contact Us

Main Office

149 West Patrick Street
Frederick, MD 21701

Thurmont Branch

209 East Main Street

P.O. Box 476

Thurmont, MD 21788-0476

Phone:
(301) 624-1717

Fax:
(301)624-1712

E-mail address: tbush@wiseretirements.com
E-mail address: rpencek@wiseretirements.com
E-mail address: sgeisbert@wiseretirements.com
E-mail address: egills@wiseretirements.com

Printed from: www.legacyfa.com

Credit-Card Debt

How Long Will It Take to Pay My Balance?

If you have accumulated credit-card debt, you can use this calculator to estimate how long it could take you to pay off that debt based on your payment amount.

Your Results

Assumptions:

No additional charges are added to the balance.
12 equal billing cycles per year.

My current credit card balance:	$0.00
The annual percentage interest rate on your card:	0%
The minimum amount required to pay only the interest:	$0.00
Each month you plan to pay:	$0.00
At that payment, the time required to pay off your balance:	0 years
You will pay total interest of:	$0

This chart shows the number of years it would take you to pay off your balance based on the information you provided. You can substantially reduce the time needed to pay off your debt and your total interest paid by increasing monthly payments. If you feel your credit card interest rate is too high, you may want to consider whether you can transfer your balance to a lower-interest card.

Credit Card Balance Over Time

Contact Us

Main Office

149 West Patrick Street
Frederick, MD 21701

Thurmont Branch

209 East Main Street

P.O. Box 476

Thurmont, MD 21788-0476

Phone:
(301) 624-1717

Fax:
(301)624-1712

E-mail address: tbush@wiseretirements.com
E-mail address: rpencek@wiseretirements.com
E-mail address: sgeisbert@wiseretirements.com
E-mail address: egills@wiseretirements.com

Market Watch

Last Closing Prices

Ticker Name	Percent Difference (when noted with %) otherwise Last Price	Difference (where applicable)
Dow Jones Industrials	25,017.44	-1.56%
Nasdaq Composite	7,028.48	-3.03%

[ Markets | Charts | Quotes | Portfolio ]

Market data delayed per exchange rules.
All quotes are in US Eastern Time (EST).
Market data provided by ICE Data Services. ICE Limitations. Powered and implemented by FactSet. Legal Statement.

Learning Center

Articles

Educate yourself on a variety of financial topics.
Calculators

A host of financial tools to assist you.
Newsletters

Timely Newsletters to help you stay current.
Videos

A dynamic library of videos.
Flipbooks

These magazine-style flipbooks provide helpful information.
Glossary

Financial terms from A to Z.

Securities and Investment Advisory Services Offered Through H. Beck, Inc. (Member FINRA & SIPC) Legacy Financial Associates is not affiliated with H. Beck, Inc. We currently have individuals registered to offer securities in the states of AL, CA, CT, DE, DC, FL, GA, IL, MD, NC, NJ, NY, OH, PA, RI, SC, VA, WV. This is not an offer to sell or solicit securities in any other state or jurisdiction.

Investments will fluctuate and may be worth more or less than when originally purchased. There is no assurance that any particular strategy will work under all market conditions. Past performance does not guarantee future results. Third party posts do not reflect the views of H. Beck, Inc. and have not been reviewed by H. Beck, Inc. as to accuracy and completeness.

Site Map

Credit-Card Debt

How Long Will It Take to Pay My Balance?

Remember, the more you pay each month, the sooner you could pay off your debt and the lower your total interest cost should be.

Your Results

Credit Card Balance Over Time

Contact Us