Credit Card Revolving Interest Calculator

Enter your credit card spending amount, interest rate, minimum payment percentage, and term to calculate the total interest and principal paid when making only the minimum payment each month.

Credit Card Spending Amount ($):

Credit Card Interest Rate (%):

Typically around 15%

Minimum Monthly Payment Ratio (%):

Typically around 5%

Calculation Period (Months):

For this purchase of 20,000 $, you actually spent 0 $

Equivalent to an extra payment of: -100.0%

Time	Min. Monthly Payment	Interest Portion	Remaining Balance

You paid a total of:0 $

But only paid off the principal of:0 $

Total Interest:0 $

⚠️ If you only make minimum payments, it will take NaN months to pay off, and the total interest is undefined $

Credit card revolving interest is the interest charged by banks on unpaid balances when you cannot pay your credit card bill in full.

Making only minimum payments means the remaining principal continues to accrue interest
Interest is calculated daily and charged on the next billing statement
Making only minimum payments long-term can lead to growing debt

Assuming a purchase of $20,000 with a 15% revolving interest rate, making only the minimum monthly payment (5%):