But if you've got a number of different
loans at different interest rates, it can be difficult to determine which loans you should prioritize with your repayment efforts.
But for cardholders who have balances on the same
card at different interest rates — for example, a balance transfer or a cash advance amount in addition to a purchase amount — it's even more important to pay more than the minimum due.
The table below shows an example of how much it will cost you in interest alone and how many years (in parentheses) it will take you to pay back your
balance at different interest rates if you just pay the minimum payment each month.
Use this calculator to estimate your monthly payments on a single federal student loan or private student loan, calculate the total payment on multiple student
loans at different interest rates, or calculate the total interest you'll pay.
You can find free calculators online that will help you figure out costs for loans of a certain size,
at different interest rates and at different repayment schedules.
Below is a table showing the compound growth of $ 100,000
at different interest rates and duration of years.
Use this calculator to estimate your monthly payments on a single federal student loan or private student loan, calculate the total payment on multiple student loans
at different interest rates, or calculate the total interest you'll pay.
Using an unsecured debt consolidation loan, instead of paying every creditor at different times and
at different interest rates, you consolidate all your payments into a single monthly payment with lower rates.