andrew25's Friends

Credit Interest Question
Hello, I was just wondering if anyone knew a good website for explaining and helping me calculate my monthly payments vs. the interest. I've looked up several but it just seems to go right over my head, haha. I have finally been able to pay off all but 2 of my cards and can finally manage to pay more than just the minimum each month. Maybe I'm just missing something simple, but I am trying to figure out how much interest will be added to my 2 accounts so I can figure out how much to pay per month above the min. so I'm not just paying $20 or $30 towards my debt each time.

(So.. if the interest adds $50, then I'd want to pay $250 so I'm taking essentially $200 off my debt- if that makes sense?)

I can't completely get how my credit cards add their interest (they're both Citi so I assume it's the same for both). I understand the rate but I have no idea if it's some variable + a certain percent or what. Sorry if I'm making this harder than it needs to be.

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