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How Much is 13% APR on $100?
The monthly payment is $8.93 for a $100 loan with a 13% APR. The loan or credit card debt will cost $7.18 in interest payments for the first 12 months.
13% APR on $100 Results |
|
APR |
13.0078% |
Total Financial Charges: |
$7.18 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$100.00 |
Loan Amount: |
$100.00 |
Monthly Payment: |
$8.93 |
Total # Of Payments: |
12 |
Start Date: |
Dec, 2024 |
Payoff Date: |
Nov, 2025 |
Total Interest Paid: |
$7.18 |
Total Payment: |
$107.18 |
13% APR on $100 Amortization Schedule |
||||||
| Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
|---|---|---|---|---|---|---|
| Dec, 2024 | 1 | $1.08 | $7.85 | $8.93 | $92.15 | |
| Jan, 2025 | 2 | $1.00 | $7.93 | $8.93 | $84.22 | |
| Feb, 2025 | 3 | $0.91 | $8.02 | $8.93 | $76.20 | |
| Mar, 2025 | 4 | $0.83 | $8.11 | $8.93 | $68.09 | |
| Apr, 2025 | 5 | $0.74 | $8.19 | $8.93 | $59.90 | |
| May, 2025 | 6 | $0.65 | $8.28 | $8.93 | $51.62 | |
| Jun, 2025 | 7 | $0.56 | $8.37 | $8.93 | $43.24 | |
| Jul, 2025 | 8 | $0.47 | $8.46 | $8.93 | $34.78 | |
| Aug, 2025 | 9 | $0.38 | $8.55 | $8.93 | $26.22 | |
| Sep, 2025 | 10 | $0.28 | $8.65 | $8.93 | $17.58 | |
| Oct, 2025 | 11 | $0.19 | $8.74 | $8.93 | $8.84 | |
| Nov, 2025 | 12 | $0.10 | $8.84 | $8.93 | $0.00 | |
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