Credit Card Interest Calculator
Calculate the total cost and payment duration of your credit card debt.
Credit Card Interest Calculator
This calculator is for informational purposes only. Results are estimates and may differ from actual values.
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Credit card interest is calculated by applying the monthly interest rate to the remaining balance. Additionally, BSMV (10%) and KKDF (15%) taxes are added to the interest amount.
The minimum payment is the lowest amount your bank requires you to pay each month, typically 20-40% of the total balance.
Making only minimum payments means most of your payment goes toward interest and taxes. This significantly extends the payoff time and increases the total amount paid.
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