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How much would a monthly payment be on 14000 on credit card?

Three to five percent of the statement balance.


If one had a credit card balance of 400.222 at 21.99 interest and paid only the minimum payment how much of the payment would actually go to the principal balance and how long would it take to pay it?

Your current payment is $16.00. If you continue to make the minimum payments it will take you 4 years and 8 months to payoff this debt. The total interest paid will be $214.24


What is the minimum payment due on a credit card with a 50000 balance?

Most credit card issuers have moved to a monthly minimum payment due of 4% of the outstanding balance. For a $50,000 balance this would equate to $2,000. Some issuers only require 2% or 3% minimum payments, which would equate to $1,000 or $1,500, respectively. You would need to check with your credit card issuer to determine their particular minimum payment requirements. Check out CreditCards.com/calculators.php to look at different scenarios.


Investors buy a studio for 150000 they have a down payment of 22500 What is there down payment?

The down payment for the studio is $22,500. This amount represents 15% of the total purchase price of $150,000. Investors typically make a down payment to secure a mortgage for the remaining balance, which in this case would be $127,500.


If you transfer your account balance to another credit card does that action act as a payment to the credit card it was tranfered from?

Yes. You've moved the debt from one account to another, so the first account would recognize the transfer as a payment and the second account would treat it as a new debt.

Related Questions

Why would an investor be interested in the balance of payment of a country?

To know the liqiudity of that country.


Why would it be useful to examine a country's balance of payment data?

why would it be useful to examine a country balance of payment data


What is the difference between a purchase and a payment on a credit card statement?

A purchase would be buying something. A payment would be a payment on the card itself, towards the balance of the available credit.


What would be your payment for 1400.00 balance?

To determine the payment for a $1,400.00 balance, additional information is needed, such as the interest rate, payment term, and whether it's a loan or a credit card balance. For example, if it's a loan with a fixed interest rate and a specific term, you would calculate the monthly payment using a loan amortization formula. If it's a credit card, the minimum payment might be a percentage of the balance or a flat fee set by the issuer. Please provide more details for a precise calculation.


How much would a monthly payment be on 14000 on credit card?

Three to five percent of the statement balance.


What is a payment on account by a customer?

A payment on account by a customer happens when a customer pays a bill. For example, if a person had an account at a furniture store, each month, he or she would make a payment on their account to pay down their balance.


What payment on account by a customer?

A payment on account by a customer happens when a customer pays a bill. For example, if a person had an account at a furniture store, each month, he or she would make a payment on their account to pay down their balance.


Why creditors would be interested in the balance sheet of a business?

Creditors are interested in balance sheet to check that how much money company has already taken as a loan from other creditors and how much assets are pledged and will company be able to return credit or not.


If one had a credit card balance of 400.222 at 21.99 interest and paid only the minimum payment how much of the payment would actually go to the principal balance and how long would it take to pay it?

Your current payment is $16.00. If you continue to make the minimum payments it will take you 4 years and 8 months to payoff this debt. The total interest paid will be $214.24


What is the minimum payment due on a credit card with a 50000 balance?

Most credit card issuers have moved to a monthly minimum payment due of 4% of the outstanding balance. For a $50,000 balance this would equate to $2,000. Some issuers only require 2% or 3% minimum payments, which would equate to $1,000 or $1,500, respectively. You would need to check with your credit card issuer to determine their particular minimum payment requirements. Check out CreditCards.com/calculators.php to look at different scenarios.


A car is twenty seven thousand dollars and you give a 10 percent down payment how much would it be?

10% of $27,000 is $2,700.$27,000 Initial Cost2,700 Down Payment$24,300 Balance


Investors buy a studio for 150000 they have a down payment of 22500 What is there down payment?

The down payment for the studio is $22,500. This amount represents 15% of the total purchase price of $150,000. Investors typically make a down payment to secure a mortgage for the remaining balance, which in this case would be $127,500.