Is this an exact credit card statement calculator?

No. This is an estimate using a simple monthly interest model (APR/12). Statements may differ due to daily interest, fees, and issuer rules.

Why does the payoff time explode with minimum payments?

Minimum payments can be close to (or even below) the monthly interest, so your balance decreases very slowly.

No. Everything runs locally in your browser.

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Estimate payoff time and total interest with minimum payments — and see how much faster you finish with an extra payment. Local-only.

This is an estimate using a simple monthly interest model (APR/12). Statements can differ.

Currency symbol

Current balance

APR (%)

Minimum payment type

Min payment (%)

Minimum floor

Fixed minimum

Extra monthly payment (optional)

Display decimals

Estimated payoff time

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Estimated payoff date

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Total interest paid

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Total paid

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First month interest

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First month payment

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Month	Payment	Interest	Balance
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