Home Forums Feature Wish List Automatic Credit Card bill estimation Reply To: Automatic Credit Card bill estimation

Peter Cutter
Post count: 1

I hope I am not missing any requests along the lines of this:
Previously, when I have done some longer term planning on revolving credit debt, I have set up a spreadsheet calculator that calculates successive monthly balances based on the previous month’s balance and fixed values for interest rate and my anticipated monthly payment amount. I automatically link this with my monthly budget so when things are paid off under this plan, payments also can stop.

I’d love to see something like this in Calendar Budget. I envision being able to set up a revolving credit account where interest rate (and maybe compounding rules) are set and balances can be forecast into the future based on planned monthly payments to the revolving credit line, the balance at any given time, and the monthly interest charges.

Thanks–Love this tool!

Pete Cutter