Minimum Payment Trap Calculator
See how many years it really takes to clear a credit card if you only pay the minimum, and what a fixed payment would save.
Calculations run on your device — your card balance never leaves the pageTry: Current balance=5000, APR=22, Minimum payment %=2 → 80.7, $43,419.49, 34, $1,749.88
How to use
The minimum payment is usually 2% of the balance or $25, whichever is more. At 22% APR that can stretch a $5,000 balance past 20 years. Enter your numbers to see the trap in black and white, then compare it to a steady monthly payment.
FAQ
Why does the minimum take so long?
Early payments mostly cover interest. On a 22% card the minimum barely dents the balance, so the debt lingers for decades.
What payment clears it fast?
Roughly double the minimum, paid steadily, usually cuts the time by 70% or more. Use the main calculator to find your number.
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