Calculator
Paying only the minimum due looks manageable each month — see what it actually costs over time.
Paying only the minimum due takes 83 years and costs ₹2,08,955 in interest.
Time To Pay Off
83 years
Total Interest Paid
₹2,08,955
Total Paid
₹3,08,955
Because interest compounds on the outstanding balance every month, and the minimum due is a small percentage of a balance that barely shrinks. Most of your minimum payment goes toward interest, not principal — the actual balance reduction each month is tiny.
Yes — if the minimum-due percentage is too low relative to your card's interest rate, the interest added each month exceeds what your payment reduces. This calculator flags exactly when that happens for your numbers.
Pay as much above the minimum as you can, or consider a balance transfer to a lower-rate card or a personal loan to consolidate — both stop the compounding at a punishing revolving-credit rate.
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Credit card interest is charged on your full outstanding balance every month, but the minimum due is calculated as a small percentage of that same balance — so most of what you pay goes to interest, not principal. At a typical 40%+ APR, paying only the minimum can take years, or in some cases never actually clear the balance at all.
If you're carrying a balance you can't clear quickly, compare lower-rate options on our credit cards hub — a balance transfer card or a personal loan at a fraction of card interest can stop the compounding.
Disclaimer:This is an illustrative calculation. Actual interest calculation methods, minimum due formulas, and fees vary by issuer — check your card's terms for the exact method.
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