Sentences with phrase «balance at different interest rates»

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.

Not exact matches

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.

At the time the new loan is funded the entire balance of your old loan is paid off by the new one, leaving you still owing essentially the same amount of money — but with a new interest rate and different repayment terms and conditions.

The following chart lists the interest rates at different minimum balances for linked savings and checking accounts.