Minimum Payment Calculator

Discover the true cost of making only minimum payments on your credit card. The results might surprise you.

$
Total amount you currently owe
%
Found on your credit card statement
%
Usually 1–3% of your balance (check your card)
$
Minimum dollar amount (usually $25–$35)

Minimum Payment Reality Check

Time to Pay Off (Minimum Payments Only)
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—
Total Interest Paid
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Total Amount Paid
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Your First Payment

What if you paid a fixed amount instead?

Metric Minimum Only Fixed Payment
Monthly Payment — —
Time to Pay Off — —
Total Interest — —
Total Paid — —