Credit card payoff

How long minimum payments really take.

Credit card payoff calculator

Card balance

APR (%)

Average card APR is about 21% (May 2026).

You pay each month

Paid off in—

Interest you pay—

Minimum payments only: paid off in—

Minimum payments only: interest—

Minimum payment here = 1% of the balance + that month's interest, at least $25. Card companies use similar rules; check your statement. Assumes you stop using the card.

Learn the ideas behind it: Credit and debt.