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The monthly payment is $117.33 for a $1,300 loan with a 14.99% APR. The loan or credit card debt will cost $107.96 in interest payments for the first 12 months.
14.99% APR on $1300 Results |
|
APR |
14.9888% |
Total Financial Charges: |
$107.96 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$1,300.00 |
Loan Amount: |
$1,300.00 |
Monthly Payment: |
$117.33 |
Total # Of Payments: |
12 |
Start Date: |
Nov, 2024 |
Payoff Date: |
Oct, 2025 |
Total Interest Paid: |
$107.96 |
Total Payment: |
$1,407.96 |
14.99% APR on $1300 Amortization Schedule |
||||||
Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|
Nov, 2024 | 1 | $16.24 | $101.09 | $117.33 | $1,198.91 | |
Dec, 2024 | 2 | $14.98 | $102.35 | $117.33 | $1,096.56 | |
Jan, 2025 | 3 | $13.70 | $103.63 | $117.33 | $992.92 | |
Feb, 2025 | 4 | $12.40 | $104.93 | $117.33 | $888.00 | |
Mar, 2025 | 5 | $11.09 | $106.24 | $117.33 | $781.76 | |
Apr, 2025 | 6 | $9.77 | $107.56 | $117.33 | $674.20 | |
May, 2025 | 7 | $8.42 | $108.91 | $117.33 | $565.29 | |
Jun, 2025 | 8 | $7.06 | $110.27 | $117.33 | $455.02 | |
Jul, 2025 | 9 | $5.68 | $111.65 | $117.33 | $343.37 | |
Aug, 2025 | 10 | $4.29 | $113.04 | $117.33 | $230.33 | |
Sep, 2025 | 11 | $2.88 | $114.45 | $117.33 | $115.88 | |
Oct, 2025 | 12 | $1.45 | $115.88 | $117.33 | $0.00 |
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