Disclosed is a calibration circuit and method. The circuit includes: a DAC that outputs an analog parameter and includes output parameter adjustment circuitry; a comparator that receives a reference parameter and the analog parameter; and a control circuit (with select logic) connected to the comparator and DAC in a feedback loop. During a calibration mode, the magnitude of the analog parameter is adjusted by ½ DAC step in one direction and the feedback loop is used to perform a binary search calibration process. During an operation mode, the magnitude of the analog parameter is adjusted by ½ DAC step in the opposite direction. The select logic selects the DAC step identified by the calibration process or the next higher DAC step as a final DAC step. The control circuit outputs a final DAC code corresponding to the final DAC step and the DAC generates a calibrated parameter based thereon.