Summary
Illustrate interest accrued if no payments are made.
Calculation details
APR is converted to a monthly rate and compounded for the selected months.
Formula
Ending balance = B × (1 + APR/1200)^n.
Worked example
$2,000 at 22% for 6 months
The unpaid balance grows by compounded monthly interest.
How it works
Enter balance, APR, and number of months without payment.
Frequently asked questions
What does this credit-card interest projection estimate include?
It compounds monthly with no payments, fees, or grace period.
When is this credit-card interest projection most useful?
When illustrating how unpaid balances grow if you make no payments for several months.
Are displayed values rounded?
The formula keeps full numeric precision. Values are rounded only when formatted for display.
Can actual results differ?
Yes. Statement cycles, grace periods, and penalty APRs differ by issuer.