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The monthly payment is $80.39 for a $900 loan with a 13% APR. The loan or credit card debt will cost $64.63 in interest payments for the first 12 months.
13% APR on $900 Results |
|
APR |
13.0005% |
Total Financial Charges: |
$64.63 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$900.00 |
Loan Amount: |
$900.00 |
Monthly Payment: |
$80.39 |
Total # Of Payments: |
12 |
Start Date: |
Nov, 2024 |
Payoff Date: |
Oct, 2025 |
Total Interest Paid: |
$64.63 |
Total Payment: |
$964.63 |
13% APR on $900 Amortization Schedule |
||||||
Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|
Nov, 2024 | 1 | $9.75 | $70.64 | $80.39 | $829.36 | |
Dec, 2024 | 2 | $8.98 | $71.40 | $80.39 | $757.96 | |
Jan, 2025 | 3 | $8.21 | $72.17 | $80.39 | $685.79 | |
Feb, 2025 | 4 | $7.43 | $72.96 | $80.39 | $612.83 | |
Mar, 2025 | 5 | $6.64 | $73.75 | $80.39 | $539.09 | |
Apr, 2025 | 6 | $5.84 | $74.55 | $80.39 | $464.54 | |
May, 2025 | 7 | $5.03 | $75.35 | $80.39 | $389.19 | |
Jun, 2025 | 8 | $4.22 | $76.17 | $80.39 | $313.02 | |
Jul, 2025 | 9 | $3.39 | $76.99 | $80.39 | $236.02 | |
Aug, 2025 | 10 | $2.56 | $77.83 | $80.39 | $158.20 | |
Sep, 2025 | 11 | $1.71 | $78.67 | $80.39 | $79.52 | |
Oct, 2025 | 12 | $0.86 | $79.52 | $80.39 | $0.00 |
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