ZION FINANCE

Credit Card Payoff Calculator

Card interest compounds quickly. See the real cost of paying a little each month.

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How this calculator works

Interest is charged monthly at the yearly rate ÷ 12, then your payment is applied.

What about Israeli "credit" (kartis ashrai) payments?

Splitting a purchase into installments (tashlumim) often carries interest too. Enter the balance and rate from your statement.

List your debts and see your debt-free date, total interest and the effect of paying a little extra.

Compare paying smallest balances first with paying highest rates first.

See how your spending compares with the 50/30/20 guideline: needs, wants and savings.