Credit Card Interest Calculator

Card APRs are high. Paying the statement in full avoids this interest in most cases.

What is a Credit Card Interest Calculator?

We add monthly APR/12 to the balance for the months you enter (no payments).

How is it calculated?

Enter balance, annual percentage rate and months revolving.

Formula used

Monthly rate = APR/12/100, compounded if unpaid

Worked example

₹50,000 at 36% APR for 6 months accrues a painful interest bill in this sketch.

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Frequently asked questions

Are results guaranteed?

No. These are planning estimates based on the numbers you enter.

Grow Money Calculator provides general financial calculation tools for educational and planning purposes. Results are estimates based on the information you enter and may differ from actual lender, bank or investment-product calculations. This is not a loan offer or investment advice. Read the full disclaimer.