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The monthly payment is $17.86 for a $200 loan with a 13% APR. The loan or credit card debt will cost $14.36 in interest payments for the first 12 months.
13% APR on $200 Results |
|
APR |
13.0078% |
Total Financial Charges: |
$14.36 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$200.00 |
Loan Amount: |
$200.00 |
Monthly Payment: |
$17.86 |
Total # Of Payments: |
12 |
Start Date: |
Nov, 2024 |
Payoff Date: |
Oct, 2025 |
Total Interest Paid: |
$14.36 |
Total Payment: |
$214.36 |
13% APR on $200 Amortization Schedule |
||||||
Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|
Nov, 2024 | 1 | $2.17 | $15.70 | $17.86 | $184.30 | |
Dec, 2024 | 2 | $2.00 | $15.87 | $17.86 | $168.44 | |
Jan, 2025 | 3 | $1.82 | $16.04 | $17.86 | $152.40 | |
Feb, 2025 | 4 | $1.65 | $16.21 | $17.86 | $136.19 | |
Mar, 2025 | 5 | $1.48 | $16.39 | $17.86 | $119.80 | |
Apr, 2025 | 6 | $1.30 | $16.57 | $17.86 | $103.23 | |
May, 2025 | 7 | $1.12 | $16.75 | $17.86 | $86.49 | |
Jun, 2025 | 8 | $0.94 | $16.93 | $17.86 | $69.56 | |
Jul, 2025 | 9 | $0.75 | $17.11 | $17.86 | $52.45 | |
Aug, 2025 | 10 | $0.57 | $17.30 | $17.86 | $35.15 | |
Sep, 2025 | 11 | $0.38 | $17.48 | $17.86 | $17.67 | |
Oct, 2025 | 12 | $0.19 | $17.67 | $17.86 | $0.00 |
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