Minimum Payment Calculator
Free minimum payment calculator. Get instant results — no signup, no account. Plan and compare with confidence.
Use the Minimum Payment Calculator below.
See how long it takes to pay off credit card debt with only minimum payments and how much interest you pay. Free minimum payment calculator for USA and worldwide.
How to use Minimum Payment Calculator
Enter balance and APR
Input balance and annual interest rate.
Enter minimum payment
Input minimum payment (or use typical %).
View results
See years to payoff and total interest.
Features
- Instant results — no waiting or signup.
- Free to use — no hidden fees.
- No login or account required.
- Works on all devices — desktop, tablet, and mobile.
- Your data stays private — we do not store your inputs.
Why use this calculator
- Plan your finances with accurate estimates.
- Compare scenarios in seconds.
- Make informed decisions before you borrow or invest.
Supported browsers and devices
- All modern browsers (Chrome, Firefox, Safari, Edge).
- Mobile-friendly — use on phone or tablet.
- No app download — runs in your browser.
Frequently asked questions
Complete guide to Minimum Payment Calculator
What is a minimum payment calculator?
A minimum payment calculator shows how long it takes to pay off a credit card (or other revolving debt) if you only make the minimum payment each month. It also shows total interest paid. Minimum payments are often set so low that payoff can take many years. Use this calculator to see why paying more than the minimum saves money and shortens payoff time.
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Disclaimer
Our financial calculators are for informational and educational purposes only. Results are estimates based on the inputs you provide and standard formulas. They are not financial, tax, or legal advice. We do not store or share the numbers you enter.