Credit Card Minimum Payment Calculator
See how long you stay in debt when you only pay the minimum—and compare with a higher fixed payment.
Minimum payments keep you in debt longer
Issuers often set minimums around 1–3% of balance plus interest. That stretches payoff for years and costs far more in interest.
Try increasing the monthly payment above to see your new debt-free date. For multiple cards, use the credit card payoff calculator or full debt tool.