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Minimum Payment Credit Calculator

See how long it will take you to get out of debt on just one of your credit cards making only the minimum payment. This calculator provides a general overview of approximately how much interest you will pay, how many payments you'll be making and just how long it will take to get you out of debt.


Input Credit Card Data Here
Current Account Balance: $    
Annual Interest Rate: %
Minimum Payment Percentage:  Minimum Payment Percentage
To determine your Minimum Payment Percentage, simply divide your previous minimum payment from your current account balance:

Previous Minimum Payment / Current Account Balance = Minimum Payment Percentage 		%
Minimum Payment Amount: $   
Your Results
Total Interest Paid: $
Number of Payments:
Number of Years: