Calculator

Minimum Payment Trap Calculator

See the real cost of paying only the minimum due.

Last updated 18 June 2026

How this works

See the real cost of paying only the minimum due.

The calculator takes 3 inputs (outstanding balance, apr %, min payment %) and produces 2 outputs (months to payoff, total interest). All formulas are published below — no hidden assumptions, no sign-up wall, no data sent to a server.

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