Calculator
Minimum payment payoff calculator
Paying only the minimum can stretch a balance out for years. Enter your numbers to see the months and interest a minimum-only path implies.
Runs entirely in your browser — nothing you type is stored or sent anywhere. Illustrative math only, not a quote, guarantee, or advice.
What this assumes
- The minimum is the greater of a percent of the balance or a dollar floor.
- Assumes no new charges and a constant APR.
- If the minimum barely covers interest, the balance never meaningfully pays down.
Educational information — not advice
This page provides general educational information about credit, debt, and consumer protections. It is not legal advice, financial advice, or credit repair services, and reading it does not create any professional relationship. Laws, procedures, deadlines, and dollar amounts vary by state and change over time.
For advice about your specific situation, consult a licensed attorney or qualified financial professional. See our full disclaimer.