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Minimum payment calculator

How long the minimum takes to clear a card.

Built and reviewed by Dovanic, Founder and editor, FreeByteLast reviewed: 2026-08-18
$
22.9%
2%
$

Time to clear

Never at this rate

Interest paid

$90,297

With these inputs, time to clear comes to Never at this rate. Interest paid works out to $90,297. The result assumes apr stays at 22.9%.

First payment
$130
Total repaid
$96,797

What moves the number · Time to clear

Input−10%Now+10%
APR58 yr 2 moNever at this rateNever at this rate
Minimum paymentNever at this rateNever at this rate58 yr 8 mo

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Whatmakesequal

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How long the minimum takes to clear a card.

A worked example

Starting figures

Balance
$6,500
APR
22.9%
Minimum payment
2%
Minimum floor
$25

What it returns

Time to clear
Never at this rate
Interest paid
$90,297
First payment
$130
Total repaid
$96,797

How to read the results

With the defaults above, time to clear works out at Never at this rate.

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