Credit Card Interest Calculator
See the true cost of credit card debt — and how to crush it faster
Your Numbers
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%
$
UK minimum payment = 2% of balance or £25, whichever is higher
Your Results
Months to Pay Off
38
~3 years 2 months
Total Interest Paid
$779
26% of your balance
Total Amount Paid
$3,779
Balance + interest
Monthly Payment
$100
Fixed payment
Payment Strategy Comparison
This is where it gets real — see how different payment strategies change everything
Minimum Payment Only
Danger Zone Time to pay off —
Total interest paid —
Total amount paid —
Interest as % of balance —
Your Payment
Your Choice Time to pay off —
Total interest paid —
Total amount paid —
Interest as % of balance —
Aggressive Payment
Best Choice Time to pay off —
Total interest paid —
Total amount paid —
Interest as % of balance —
The Credit Card Trap
Most people don't realize that minimum payments are designed to keep you in debt. Here's the ugly truth:
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years to pay off with minimums
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x your balance in total payments
Balance Over Time
Tip: Even an extra $25/month can cut years off your payoff time and save hundreds in interest. Pay more than the minimum whenever you can.