Credit Card Minimum Payment Calculator

Estimate how long credit card debt may take to repay when minimum payments shrink as the balance falls. Compare extra monthly payments.

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Card Balance and Payment Rules

Current Card Balance ($)Annual Percentage Rate (APR %)Minimum Payment as % of BalanceMinimum Payment Floor ($)Extra Monthly Payment ($)

Estimated Payoff Results

First Monthly Payment: $100.00

Time to Pay Off: 63 years, 11 months

Total Interest: $38,787.23

Total Paid: $43,787.23

Assumes a constant APR, monthly interest, no new purchases or fees, and a minimum of the greater of the selected balance percentage, dollar floor, or monthly interest plus $1. Actual card issuers use different minimum-payment formulas.