Credit Card Minimum Payment Trap Calculator (US, 2026)｜How Long Will Minimum Payments Take?

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Minimum Payment Trap Calculator (US)

Paying only the minimum can keep you in debt for years. Enter your balance, APR, and minimum payment rules to see your payoff time and total interest.

1) Your card details

Card balance (USD)
APR (%) (default 24.99%)
Minimum payment (%)
Typical minimums often range around 1–3% depending on issuer.
Minimum payment floor (USD)
If your % minimum is tiny, issuers apply a fixed minimum.
Max months to simulate
Stops the simulation if it would take too long.
Extra payment (optional, USD/mo)
Set to 0 to model “minimum only”.

2) Optional: balance transfer comparison

Enter a balance transfer offer to estimate whether switching would reduce your payoff time and interest.

Transfer APR (%) (e.g., 0–12)
Transfer fee (%) (e.g., 3–5)
Disclaimer: This is an educational estimate only. Issuer rules vary and interest calculations may differ.

Results

Enter your numbers and click Calculate.

Not financial advice. Always confirm your card’s actual minimum payment formula and fees.

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