The minimum amount that a credit card company requires you to pay toward your debt each month, usually between $10-$50 dollars.
The minimum monthly amount required to be paid on a home equity line of credit. The minimum payment may be interest only or may include both principal and interest.
is the minimum amount that you must pay, e.g. usually monthly on a home equity loan or line of credit. In some payment agreements the minimum payment may be "interest only" (simple interest). In other loan agreements, the minimum payment may include principal and interest (amortized).