Compare calculators

Both calculators run independently — change the inputs on either side to compare results.

Minimum Payment Calculator

Estimate a credit card's minimum monthly payment using the larger of a percent-of-balance floor or "interest plus 1% of principal" — the two common issuer formulas. Useful for predicting card payments and understanding why minimum-only payments take so long to clear a balance.

Credit Card Balance ($)

Annual Percentage Rate (APR) (%)

Minimum Payment Percentage (%)

Debt

Debt Consolidation Calculator

Estimate the monthly savings from consolidating existing debts into a single fixed-rate loan. Computes the difference between your current total monthly payment and the new amortising payment on a consolidation loan at a given rate and term.

Total Current Debt ($)

Current Monthly Payment ($)

Consolidation Loan Rate (%)

Loan Term (months)

Key differences

	Minimum Payment Calculator	Debt Consolidation Calculator
Category	Debt	Debt
Inputs required	3	4
Result	Minimum Monthly Payment ($)	Monthly Savings ($)
What it does	Estimate a credit card's minimum monthly payment using the larger of a percent-of-balance floor or "interest plus 1% of principal" — the two common issuer formulas. Useful for predicting card payments and understanding why minimum-only payments take so long to clear a balance.	Estimate the monthly savings from consolidating existing debts into a single fixed-rate loan. Computes the difference between your current total monthly payment and the new amortising payment on a consolidation loan at a given rate and term.