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The monthly payment is $99.28 for a $1,100 loan with a 15% APR. The loan or credit card debt will cost $91.41 in interest payments for the first 12 months.
15% APR on $1100 Results |
|
APR |
14.9990% |
Total Financial Charges: |
$91.41 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$1,100.00 |
Loan Amount: |
$1,100.00 |
Monthly Payment: |
$99.28 |
Total # Of Payments: |
12 |
Start Date: |
Dec, 2024 |
Payoff Date: |
Nov, 2025 |
Total Interest Paid: |
$91.41 |
Total Payment: |
$1,191.41 |
15% APR on $1100 Amortization Schedule |
||||||
Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|
Dec, 2024 | 1 | $13.75 | $85.53 | $99.28 | $1,014.47 | |
Jan, 2025 | 2 | $12.68 | $86.60 | $99.28 | $927.86 | |
Feb, 2025 | 3 | $11.60 | $87.69 | $99.28 | $840.18 | |
Mar, 2025 | 4 | $10.50 | $88.78 | $99.28 | $751.39 | |
Apr, 2025 | 5 | $9.39 | $89.89 | $99.28 | $661.50 | |
May, 2025 | 6 | $8.27 | $91.02 | $99.28 | $570.49 | |
Jun, 2025 | 7 | $7.13 | $92.15 | $99.28 | $478.33 | |
Jul, 2025 | 8 | $5.98 | $93.30 | $99.28 | $385.03 | |
Aug, 2025 | 9 | $4.81 | $94.47 | $99.28 | $290.56 | |
Sep, 2025 | 10 | $3.63 | $95.65 | $99.28 | $194.91 | |
Oct, 2025 | 11 | $2.44 | $96.85 | $99.28 | $98.06 | |
Nov, 2025 | 12 | $1.23 | $98.06 | $99.28 | $0.00 |
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