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Calculating credit card payments in Excel 2010Try our repayment calculator. Clear your balance sooner and pay less in interest. See how long it'll take to pay off your credit card balance. Free credit card calculator to find the time it will take to pay off a balance, or the amount necessary to pay it off within a certain time frame. A very common way to calculate your minimum payment is by charging a flat percentage of your total bill (often 1% to 3%) plus any accrued.