Was recently trying to determine whether it was worth getting a 0% credit card deal, and if so, how to split the transfer and balance the figures. Both cards needed a minimum payment each month (normally 2.25%) so paying off one card so you didn’t have to pay so much interest, against another card having a minimum payment …. so the original card couldn’t be paid as quickly…
Throwing figures into Excel soon became confusing. If you did this, then that, that gave those figures. Or was it those? Where did that column come from? *sigh*
So I wrote a quick calculator. Throw in the amount, how much you want to spend, and it’ll calculate how many payment it’ll take. It also takes into account promotional interest – so on that 0% deal, you get 15 free months, and then the interest kicks in.
The program is a single .EXE, but does require Microsoft .NET 4 Runtimes.
Any comments or suggestions can be sent to me via my contact page.