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The monthly payment is $90.25 for a $1,000 loan with a 14.99% APR. The loan or credit card debt will cost $83.04 in interest payments for the first 12 months.
14.99% APR on $1000 Results |
|
APR |
14.9888% |
Total Financial Charges: |
$83.04 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$1,000.00 |
Loan Amount: |
$1,000.00 |
Monthly Payment: |
$90.25 |
Total # Of Payments: |
12 |
Start Date: |
Dec, 2024 |
Payoff Date: |
Nov, 2025 |
Total Interest Paid: |
$83.04 |
Total Payment: |
$1,083.04 |
14.99% APR on $1000 Amortization Schedule |
||||||
Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|
Dec, 2024 | 1 | $12.49 | $77.76 | $90.25 | $922.24 | |
Jan, 2025 | 2 | $11.52 | $78.73 | $90.25 | $843.50 | |
Feb, 2025 | 3 | $10.54 | $79.72 | $90.25 | $763.79 | |
Mar, 2025 | 4 | $9.54 | $80.71 | $90.25 | $683.08 | |
Apr, 2025 | 5 | $8.53 | $81.72 | $90.25 | $601.35 | |
May, 2025 | 6 | $7.51 | $82.74 | $90.25 | $518.61 | |
Jun, 2025 | 7 | $6.48 | $83.78 | $90.25 | $434.84 | |
Jul, 2025 | 8 | $5.43 | $84.82 | $90.25 | $350.02 | |
Aug, 2025 | 9 | $4.37 | $85.88 | $90.25 | $264.13 | |
Sep, 2025 | 10 | $3.30 | $86.95 | $90.25 | $177.18 | |
Oct, 2025 | 11 | $2.21 | $88.04 | $90.25 | $89.14 | |
Nov, 2025 | 12 | $1.11 | $89.14 | $90.25 | $0.00 |
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