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The monthly payment is $116.72 for a $1,300 loan with a 13.99% APR. The loan or credit card debt will cost $100.61 in interest payments for the first 12 months.
13.99% APR on $1300 Results |
|
APR |
13.9896% |
Total Financial Charges: |
$100.61 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$1,300.00 |
Loan Amount: |
$1,300.00 |
Monthly Payment: |
$116.72 |
Total # Of Payments: |
12 |
Start Date: |
Nov, 2024 |
Payoff Date: |
Oct, 2025 |
Total Interest Paid: |
$100.61 |
Total Payment: |
$1,400.61 |
13.99% APR on $1300 Amortization Schedule |
||||||
Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|
Nov, 2024 | 1 | $15.16 | $101.56 | $116.72 | $1,198.44 | |
Dec, 2024 | 2 | $13.97 | $102.75 | $116.72 | $1,095.69 | |
Jan, 2025 | 3 | $12.77 | $103.94 | $116.72 | $991.75 | |
Feb, 2025 | 4 | $11.56 | $105.15 | $116.72 | $886.60 | |
Mar, 2025 | 5 | $10.34 | $106.38 | $116.72 | $780.21 | |
Apr, 2025 | 6 | $9.10 | $107.62 | $116.72 | $672.59 | |
May, 2025 | 7 | $7.84 | $108.88 | $116.72 | $563.72 | |
Jun, 2025 | 8 | $6.57 | $110.15 | $116.72 | $453.57 | |
Jul, 2025 | 9 | $5.29 | $111.43 | $116.72 | $342.14 | |
Aug, 2025 | 10 | $3.99 | $112.73 | $116.72 | $229.41 | |
Sep, 2025 | 11 | $2.67 | $114.04 | $116.72 | $115.37 | |
Oct, 2025 | 12 | $1.35 | $115.37 | $116.72 | $0.00 |
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