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How Much is 13% APR on $300?
The monthly payment is $26.80 for a $300 loan with a 13% APR. The loan or credit card debt will cost $21.54 in interest payments for the first 12 months.
13% APR on $300 Results |
|
APR |
13.0005% |
Total Financial Charges: |
$21.54 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$300.00 |
Loan Amount: |
$300.00 |
Monthly Payment: |
$26.80 |
Total # Of Payments: |
12 |
Start Date: |
May, 2024 |
Payoff Date: |
Apr, 2025 |
Total Interest Paid: |
$21.54 |
Total Payment: |
$321.54 |
13% APR on $300 Amortization Schedule |
||||||
| Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
|---|---|---|---|---|---|---|
| May, 2024 | 1 | $3.25 | $23.55 | $26.80 | $276.45 | |
| Jun, 2024 | 2 | $2.99 | $23.80 | $26.80 | $252.65 | |
| Jul, 2024 | 3 | $2.74 | $24.06 | $26.80 | $228.60 | |
| Aug, 2024 | 4 | $2.48 | $24.32 | $26.80 | $204.28 | |
| Sep, 2024 | 5 | $2.21 | $24.58 | $26.80 | $179.70 | |
| Oct, 2024 | 6 | $1.95 | $24.85 | $26.80 | $154.85 | |
| Nov, 2024 | 7 | $1.68 | $25.12 | $26.80 | $129.73 | |
| Dec, 2024 | 8 | $1.41 | $25.39 | $26.80 | $104.34 | |
| Jan, 2025 | 9 | $1.13 | $25.66 | $26.80 | $78.67 | |
| Feb, 2025 | 10 | $0.85 | $25.94 | $26.80 | $52.73 | |
| Mar, 2025 | 11 | $0.57 | $26.22 | $26.80 | $26.51 | |
| Apr, 2025 | 12 | $0.29 | $26.51 | $26.80 | $0.00 | |
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