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| Loan | Mortgage | Car | Commercial | Student | Biweekly | Extra Payments | Payoff | Excel |
How Much is 13% APR on $1200?
The monthly payment is $107.18 for a $1,200 loan with a 13% APR. The loan or credit card debt will cost $86.17 in interest payments for the first 12 months.
13% APR on $1200 Results |
|
APR |
13.0005% |
Total Financial Charges: |
$86.17 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$1,200.00 |
Loan Amount: |
$1,200.00 |
Monthly Payment: |
$107.18 |
Total # Of Payments: |
12 |
Start Date: |
Feb, 2025 |
Payoff Date: |
Jan, 2026 |
Total Interest Paid: |
$86.17 |
Total Payment: |
$1,286.17 |
13% APR on $1200 Amortization Schedule |
||||||
| Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
|---|---|---|---|---|---|---|
| Feb, 2025 | 1 | $13.00 | $94.18 | $107.18 | $1,105.82 | |
| Mar, 2025 | 2 | $11.98 | $95.20 | $107.18 | $1,010.62 | |
| Apr, 2025 | 3 | $10.95 | $96.23 | $107.18 | $914.39 | |
| May, 2025 | 4 | $9.91 | $97.27 | $107.18 | $817.11 | |
| Jun, 2025 | 5 | $8.85 | $98.33 | $107.18 | $718.78 | |
| Jul, 2025 | 6 | $7.79 | $99.39 | $107.18 | $619.39 | |
| Aug, 2025 | 7 | $6.71 | $100.47 | $107.18 | $518.92 | |
| Sep, 2025 | 8 | $5.62 | $101.56 | $107.18 | $417.36 | |
| Oct, 2025 | 9 | $4.52 | $102.66 | $107.18 | $314.70 | |
| Nov, 2025 | 10 | $3.41 | $103.77 | $107.18 | $210.93 | |
| Dec, 2025 | 11 | $2.29 | $104.90 | $107.18 | $106.03 | |
| Jan, 2026 | 12 | $1.15 | $106.03 | $107.18 | $0.00 | |
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