How long will it take to pay off?

Put in one card or loan. See what paying the minimum costs you, and what a bit more each month saves. No sign-up.

What it comes to

Paying only the minimum

28 years and 3 months

£5,879 in interest. It starts at £92.87 and falls with the balance, which is why it takes so long.

Keeping up £92.87 a month

4 years and 7 months

£2,017 in interest. £3,861 less, and 23 years and 8 months sooner.

£117.87 a month

3 years and 1 month

£1,311 in interest. Another £707 less than keeping up the minimum, 1 year and 6 months sooner.

What’s left to pay

Year by year

After	£117.87 a month	Minimum only
1 year	£2,251	£2,652
2 years	£1,292	£2,345
3 years	£66	£2,074
4 years	Clear	£1,833
5 years	Clear	£1,621
6 years	Clear	£1,433
7 years	Clear	£1,267
8 years	Clear	£1,120
9 years	Clear	£991
10 years	Clear	£876
11 years	Clear	£774
12 years	Clear	£685
13 years	Clear	£605
14 years	Clear	£535
15 years	Clear	£473
16 years	Clear	£418
17 years	Clear	£370
18 years	Clear	£327
19 years	Clear	£289
20 years	Clear	£256
21 years	Clear	£226
22 years	Clear	£200
23 years	Clear	£177
24 years	Clear	£156
25 years	Clear	£132
26 years	Clear	£102
27 years	Clear	£63
28 years	Clear	£14
29 years	Clear	Clear

Worked out month by month, as cards and loans charge it: a twelfth of the yearly rate on the balance, to the penny. Your lender’s figures may differ a little. Nothing you type here leaves your browser.

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