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Credit Card Balance Repayment Calculator

Credit Card Balance Repayment Calculator

Customer can input the "Outstanding Balance from Retail Purchases" and "Interest Rate per Annum" to the "Credit Card Balance Repayment Calculator" to calculate for:
(a) The estimated time period and the total repayment amount if paying the balance in full by only making minimum payment each month
(b) The monthly payment amount and the total repayment amount required to pay off the outstanding balance in 36 months
Assumptions:
(i)No new transaction and
(ii)No annual fee and other fees and
(iii)The payment settled on the payment due day
Please input:
Outstanding Balance from Retail Purchases (HKD / RMB)
Interest Rate Per Annum (%)