Free Calculator
Credit Card Minimum Payment Calculator
Discover how long it’ll really take to clear your balance — and how much extra you’ll pay in interest — if you only make the minimum payment each month.
Your current card balance
€
Typical range: 18%–35%
%
How your card calculates the minimum
Usually 1%–3% of balance
%
Usually €5–€25
€
Your Repayment Breakdown
First Min. Payment
—
What you’d pay in month 1
Total Interest (min. only)
—
On top of what you borrowed
Time to Clear Debt
—
Making min. payments only
Minimum vs. Fixed Payment Comparison
⚠ Minimum Payments
—
Total interest: —
✓ With Extra €0/mo
—
Total interest: —
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Increase your payment to save more
Use the slider above to see how paying more each month dramatically reduces your interest and payoff time.
Payment Schedule
| Period | Payment | Interest | Principal | Balance |
|---|
Disclaimer: This calculator provides estimates only. It assumes no new spending on the card, excludes annual fees and default charges, and uses your entered APR consistently. Actual repayment may vary. Minimum payments are capped so they always cover at least the monthly interest, ensuring your balance reduces each month. Always check your card’s terms for the exact minimum payment formula.
