Credit Card Minimum Payment Trap

See the real cost, total interest, and decades lost when paying only the minimum vs. fixed payments.

Current Balance ($)

Annual Percentage Rate (APR %)

Minimum Payment (% of balance or floor)

% (Min $35)

Proposed Fixed Monthly Payment ($)

Compare what happens when paying a fixed amount every month.

Trap vs. Freedom

Minimum Only Trap

Paying only the minimum keeps you in debt while interest compounds indefinitely.

Total Est. Interest: Extreme

Credit Score Drag: High

Fixed Payment Solution

Accelerates principal reduction and eliminates thousands of dollars in interest charges.

Interest Saved: Significant

Debt-Free Date: Predictable

Switching from minimum payments to an automated fixed payment of just $50 more per month cuts payoff time by an average of 65%.