Debt & savings
Emergency Fund vs Credit Card Debt Checker
Check months of emergency savings, credit card interest cost, and a reasonable priority to consider. This is not a full financial plan.
Credit card balance
$
Credit card APRAnnual percentage rate
%
Emergency savings
$
Monthly essential expenses
$
Extra monthly cash available
$
Job stability
Related guide: Pay off credit card or build emergency fund?
How to find the numbers
Use your card statement for balance and APR, your available savings balance for emergencies, and a monthly budget for essential expenses.
Formula
months covered = savings / monthly expenses. interest per $1,000 = 1000 * APR / 12.