Can someone explain this to me please

[Anonymous]

Don't forget about possible future federal rate increases!

[Anonymous]

---

@Np1791 wrote:
46 months? Not 36 like they state in the statement?

---

46 months is at full APR. That’s why I came to the conclusion that the 3 year estimate is likely somewhat correct since obviously you’re paying down the principal a lot faster at 0% interest. 

It looks like you have somewhere around 10 months of promo APR left?

[Np1791]

Oh okay. Currently I have about 7 months left in the promo. Also are you using an app or an internet site to do these calculations? I know I will be paying interest but for now I need to make these payments. Maybe once I get rid of my lease I’ll be able to get something cheaper and throw more at this. I might be able to throw 350 max per month.

[Anonymous]

You can play with different figures here. 

https://www.creditcards.com/calculators/payoff/

I like that one because it gives you suggestions of payments that will drastically increase interest savings. Like paying $312 would save you another $689 in interest over $287. 

[Np1791]

Thank you so much for that calculator!

[Kforce]

First 7 months at 0%, $300/month, Balance $6,150 --- Nov-2019

$300/month @ 26.24 for 28 more months, should be paid by March 2022  (28+7=35 months)

* started the second calculations in Nov, should have punched in Dec.