This calculator helps you evaluate your credit utilization by comparing current balances against credit limits across multiple revolving accounts. It dynamically updates totals, shows individual and overall utilization percentages, and suggests optimal balance thresholds.
Revolving Utilization Rate Calculator
Revolving Accounts
Current Limit
Current Balance*
Current Ratio(%)
Suggested**
Company Name
$100.00
$30.00
30%
$30.00
Subtotal:
$100.00
$30.00
30%
$30.00
*10% balance to limit ratio is considered the best.
**30% is the suggested balance.
Disclaimer: This calculator is provided solely for educational and illustrative purposes. All outputs, including payment amounts, estimates, calculations, and summaries are approximate and depend on the information you supply. Actual figures may differ based on the lender, financial institution, service provider, market conditions, or any additional fees that may apply. These tools do not constitute financial, legal, or professional advice, nor do they guarantee approval, qualification, or precise results. For accurate, personalized information and the final terms and conditions, please consult our professionals directly.
