Credit Card Debt Calculator

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Relocating for a new job which is offerring a substantial sign on bonus and when combined with my new salary all the mortgage calculators say I can spend $2200/mo on housing and that I can be approved for a $150-250K mortgage. I pay $450/mo in consolidated student loan debt ($80K) and have 2 years left of a $352/mo car payment. I have excellent credit and no credit card debt. I'll be moving to an area I'm familiar with as I grew up in a town nearby. Should I buy now or rent for awhile first?

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As the name suggests, a student credit card is specially designed for students and is very different from your regular credit card. Because it may be the first time for college students to apply for a credit card, most credit card companies designed their student credit cards to be a form of secured credit cards. It will help a student to avoid accumulating high amounts of debt because of reckless spending. If you need groceries, or that recommended book but you don't have the money for it, then it may be time for you to use your student credit card. It is good if you start learning good financial habits from your student life itself. Don't use the card to pay for everything and anything. Use it judicially or it will land you in a debt to repay after the college finishes. It is not unusual to find the representatives of credit card companies promoting student credit card in college campuses. However, finding a right card will take much more than contacting the representative of credit card company. Develop a habit of shopping around and getting the best deal out there. Though the interest rates on student credit cards are relatively low, they also offer a low credit amount. If used judicially student credit card can become the perfect means to build a credit history and jumpstart your financial wellbeing. Read more about it at: http://www.credit-card-gallery.com/article/ 214,What_everyone_should_know_about_student_c redit_cards

I am looking for a website that allows you to enter loan information or credit card debt information, for example, you enter date, amount of loan, payment you will be making and the calculator does the rest, it will tell you interest you owe and the exact date it will be paid off. Interest.com used to have this table and has either done away with it or I am not able to find it anymore. If anyone has any ideas, let me know.

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Try this one: http://www.bankrate.com/brm/calculators/ calc_index.asp If you hit a dead link, try www.bankrate.com and click from there. \\Go luck

Just started working a month ago after college, currently make 550 weekly after taxes, will go down more in July once receive benefits. Have nearly 5000 in debt across 3 credit cards... 550 on 23%apr (ripped up) 1300 and 2800 on 15%apr cards. I used a Snowball calculator but am trying to distribute the money between all three equally cause I place my purchases on the two higher balances anyway before ripped up other card. My short term goals are to apply for an auto loan within 6 months and move into an apartment within 18 months. I would like to know if I need to be debt free to obtain approval or possibly have some remaining debt. My initial goal was to place each paycheck into removing the debt but then I would have no money left allocated for a down payment on auto loan as well as no money into an emergency fund for moving out. Is there a better method which may enable me to distribute my paychecks (debt, auto loan down payment, moving out)?

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I have $25,000 in total credit card debt (3 cards). Interest rates are 4.99, 5.99 and 11.74. The card with the highest balance is also the highest interest rate. According to a debt calculator I used, I can pay them off in 42 months with my income. I have been offered a fixed rate personal loan of $30,000 at 7.74%. I would pay off the credit cards and use the rest for legal fees (personal situation). Using the same debt calculator, I can pay the loan off in 48 months easily and probably sooner. Is it worth it to apply for the loan? Will it hurt or help my credit? I do need the extra cash and do not want to take it from my home equity or put more on credit cards. Thank you for your responses.

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Why would you take 2 credit cards that interest rate is LESS than the fixed rate loan and transfer them to a higher rate? Use the loan to pay off the highest interest card......pay the minimum on the 2 lower cards but take the payment you were making on the 11% card and send it to the fixed rate. This should help bring that balance down faster. When the fixed rate loan is paid, take that payment and add it to next higher interest card until paid off and then take THOSE payments and send them to the lowest card. Make sense? OR...see if you can do a balance transfer of all 3 cards onto a 0% credit card and go from there. It would only make sense to transfer all 3 if you can.

I am in the process of trying to get out of debt (pay off my credit cards, etc). But, life gets in the way and sometimes I have to use them. Are there any debt calculators out there that take into account new charges each month? For example, if my debt is $3000 and I am paying $400/mo, but still charging $100/mo, with an interest rate of 10%, it is going to take me X months to pay off my debt. Thanks! Sorry to confuse - I don't need a debt counselor. I have a plan to get out of debt and my debt it quite managable right now. I am simply looking for a calculator. Thanks!

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debt consolidation getting out of debt is pretty easy with a debt consolidation plan however it may get a bit tricky at times, I suggest you get as much information as possible online on this first, a good place to start in my humble opinion is: http://umgarticles.atspace.com/debt- consolidation.htm