Credit Card Minimum Payment Calculator

Supports only contracts using max(balance × percentage, fixed floor), capped at the balance. Interest-plus-principal methods differ.

Your workbenchInputs are not stored

Result

Enter your values and run the tool to see your result.

Check the units, enter your values, and run the tool. Results follow the assumptions and method below.

Percentage/floor minimum paymentmin(balance,max(balance*percent/100,floorpayment))