Minimum Payment Calculator

This calculator is designed to show you how long it will take to pay off your credit card and how much interest you'll pay if you only make the minimum monthly payment.

How long will it take making the minimum payment?

Current Account Balance:	$
Annual Interest Rate:	%
Minimum Payment Percentage: *	%
Minimum Payment Amount: *	$

* From your most recent credit card statement, enter your balance, annual interest rate and minimum payment requirements.

The results:

Total Interest Paid:	$
Number of Payments:
Number of Years:

* See even more of our credit card calculators >>