Bancgroup Mortgage Logo   David A. Pellegrino, Mortgage Consultant for Bancgroup Mortgage Corporation
Today's Mortgage Rates:
  -.--% 30-Year Fixed Rate Conforming Mortgage -.--% APR
  -.--% 30-Year Fixed Rate FHA Mortgage -.--% APR
  -.--% 15-Year Fixed Rate Conforming Mortgage -.--% APR
Indices: LIBOR -- 0.99%  Treasuries -- 0.27%  Prime Rate -- 3.25%
Updated on Monday, January 03, 2011 05:18:22 PM -- Assumptions

Credit Card Minimum Payment Interest Calculator
 
 

This calculator will show you how much interest you will end up paying if you make only the minimum required payment on your credit card bill. It will also tell you how many minimum payments you will make before your balance is paid off (up to a maximum of 600 payments).

Instructions: Somewhere in your credit card disclosure statement the card company will tell you something like "your minimum payment will be 2% of the balance or $10, whichever is higher. These are the figures you will enter in Column C and Column D respectively.

 
Dollar
Amount
Charged		 Annual
Interest
Rate		 C
Minimum
Payment
Percent		 D
Minimum
Minimum
Payment		 Interest
Charges		 Number of
Payments		 Total #
of Years
             

 

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BancGROUPTM Mortgage Corporation is an Equal Housing Lender and Colorado, Illinois, Indiana, Wisconsin and Florida Residential Mortgage Licensee.

David A. Pellegrino -- Colorado Mortgage Loan Originator # 100017881 / National Mortgage Licensing System # 190983

1745 Shea Center Drive, Suite 130 Highlands Ranch, CO 80129-1537 -- Office: 303.542.1103 Fax: 303.542.1200

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