See exactly how long minimum payments keep you in debt, and how much a small extra payment saves. No sign-up required.
* Most cards charge the greater of 2% of the balance or $25. Adjust to match your statement.
Paying the minimum only
Debt-free in
55 yr 2 mo
Interest paid
$21,419
Total paid
$24,419
Minimum + $50/mo
Debt-free in
4 yr 5 mo
Interest paid
$1,539
Total paid
$4,539
Adding $50/mo saves you $19,880 in interest and 50 yr 9 mo of payments.
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