Illustrative estimates based on the numbers entered. Actual investment returns, lender calculations, fees and repayment schedules may differ. Not investment, lending, credit, tax or debt advice.
Enter the balance, the rate and what you pay each month. Compoundly builds a month-by-month statement — interest, payment, closing balance — and shows the date it reaches zero.
Every line comes from the same engine that draws the chart.
| X | Your fixed payment | Minimum payment only |
|---|---|---|
| 0y | €5.0k | €5.0k |
| 1y | €4.0k | €4.2k |
| 3y | €2.6k | €3.5k |
| 4y | €712 | €2.9k |
| 5y | €0 | €2.4k |
| 7y | €0 | €2.0k |
| 8y | €0 | €1.7k |
| 9y | €0 | €1.4k |
| 10y | €0 | €1.1k |
| 12y | €0 | €956 |
| 13y | €0 | €794 |
| 14y | €0 | €607 |
| 16y | €0 | €358 |
| 17y | €0 | €27 |
Results are illustrative estimates based on the numbers you enter. Actual investment returns, lender calculations, fees and repayment schedules may differ. Compoundly is not investment, lending, tax or debt advice.
Interest is charged on the opening balance at the annual rate divided by the number of statement periods in a year. The payment is then applied, and any new spending is added afterwards. If the payment is smaller than the interest charged, the balance grows and Compoundly says so plainly.
Real cards vary considerably. Many compound daily, apply different rates to purchases, cash advances and balance transfers, and offer interest-free periods on new purchases when the balance is cleared in full. This model applies one rate to the whole balance, which is a simplification — always check your own statement.