Debt & Credit Card Repayment
Calculate monthly payments, total interest and how long it takes to clear a debt.
Monthly payment
£186
Total interest
£1,689
Total repaid
£6,689
Cost of borrowing
£1,689
Interest + fees
Balance over time
Outstanding balance
APR includes the interest rate plus certain fees, giving the true annual cost of borrowing. Minimum credit card payments may only cover interest, meaning the debt never reduces. Always try to pay more than the minimum.
Assumptions
Based on 2026/27 UK tax rules for England. Tax bands: 20% to £50,270, 40% to £125,140, 45% above. Personal Allowance £12,570 (tapered above £100,000). National Insurance 8% on earnings between £12,570 and £50,270, 2% above. This is an educational estimate — not financial advice.