Definitions
Current balance:
Current outstanding balance on your credit card.
Payoff goal (in months):
Your goal for paying off this credit card. This is the
number of months by which you would like to have completely
paid off this credit card balance.
Current monthly payment:
The amount you are currently paying per month on this
credit card. Please enter the amount you actually pay,
not the minimum payment. This amount is used to calculate
how long it will take you to pay off your balance.
New charges per month:
Total new charges you expect to put on this credit card
per month.
Interest rate (APR):
The annual percentage rate for this credit card.
Annual fee:
Your annual fee for this credit card.
Major purchase:
If you expect a major purchase beyond your normal charges,
enter the amount to be spent here.
Months from now:
Number of months before your major purchase will occur.
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