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Credit Card Interest Calculator

This calculator will show you how much interest you will end up paying if you make only the minimum required payment on your credit card debt. It will also tell you how many minimum payments you will make before your balance is paid off (up to a maximum of 600 payments).

Instructions: On your credit card disclosure statement the credit card company will tell you that "your minimum payment will be 2% of the balance or $10, whichever is higher" (example). These are the figures you will enter in Row 3 and Row 4 respectively. Enter amounts in Rows 1-4 and then press compute.


Feeling overwhelmed or like you are drowning in credit card debt? ACCC's Debt Management Plan may be your answer!

Our Debt Management Plan will help you consolidate your unsecured debt into one monthly payment and restructures your payments to make it more affordable.

Check Out Other Financial Calculators

A Debt Management Plan:

• Is designed to fit your budget
• Will reduce your interest rate on most credit card accounts
• Will reduce or eliminate the penalty fees

Get Your Debt Management Plan


Credit Card Minimum Payment Interest Calculator
Enter Dollar Amount Charged:
Enter Annual Interest Rate (APR):
Enter Minimum Payment Percent:
(Check your statement -- usually 2 or 3 percent)
Minimum Payment:
(Check your statement -- usually 10 or 15 dollars)
Total Interest Charges:
Number of Monthly Payments:
Total Number of Years:


Are you still not sure if a Debt Management Program is right for you?  See what others are saying.

Everything was clear!  I never had any trouble contacting staff, and everything went as planned.  I am so thankful for the assistance of ACCC.  Everything was explained clearly, the payments set were manageable, and the cost of the program makes it affordable to all who are in the same situation as I was.  Its non-profit status helps me know that all of the money and efforts go to support people who need them, like me!

- Beverly M of AZ 

 I really appreciate all that your company has done for me with my debt management. Your professionalism has been outstanding and I can't say enough about the help you have given me. I am currently debt free and have been so since the day I completed your program. I would be more than happy to recommend your company to anyone with a similar issue as me. Thanks again for all that you do and have a wonderful day.

- Justin G from FL

 I'm very pleased to have lower interest rates and see an end to this credit game.  Since I've joined the debt management program I've made big improvements on how I manage my money.  I really like your company. It has made paying off my credit cards a reality. I really liked the counselor that received my first call; he was really good and informative.  My counselor changed me for the better.

- Marjorie B from TX

Get Your Debt Management Plan


 The testimonials provided herein are unsolicited comments from clients, based upon their individual needs, concerns, and circumstances. These comments are provided for informational purposes only and should not be construed as a guarantee of similar results or experiences, as each individual's circumstances will vary. Client comments are included for informational purposes only.


For individuals and families trying to figure out how to pay off debts, American Consumer Credit Counseling (ACCC) provides nonprofit credit counseling, credit card reduction and consumer debt management services for consumers nationwide. Our certified credit counselors provide financial education for anyone wanting to learn how to get out of debt and how to eliminate credit card debt. As alternative to expensive debt restructuring services and credit card debt consolidation loans, our debt management plans are a kind of credit card relief program that have helped thousands of people pay down credit card debt by consolidating payments and reducing interest rates and finances charges. We also offer bankruptcy counseling, housing counseling and other financial education services for help getting out of debt.

American Consumer Credit Counseling - Consolidate Debts - Better Business Bureau American Consumer Credit Counseling - Consolidate Debts - Mass Housing Approved National Industry Standards for Homeownership Education and Counseling American Consumer Credit Counseling - Consolidate Debts  - Council on Accreditation American Consumer Credit Counseling - Consolidate Debts  - NFCC Member