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How Much is 15% APR on $1200?


The monthly payment is $108.31 for a $1,200 loan with a 15% APR. The loan or credit card debt will cost $99.72 in interest payments for the first 12 months.

15% APR on $1200 Calculator

Loan Amount
Loan Terms
months
Interest Rate
Financing Fees (added to loan)
Prepaid Financing Fees

15% APR on $1200 Results

APR
14.9990%
Total Financial Charges:
$99.72
Total Financing Fees:
$0.00
Financed Amount:
$1,200.00
Loan Amount:
$1,200.00
Monthly Payment:
$108.31
Total # Of Payments:
12
Start Date:
Dec, 2024
Payoff Date:
Nov, 2025
Total Interest Paid:
$99.72
Total Payment:
$1,299.72

15% APR on $1200 Amortization Schedule

Payment Date Payment # Interest Paid Principal Paid Total Payment Remaining Balance
Dec, 2024 1 $15.00 $93.31 $108.31 $1,106.69
Jan, 2025 2 $13.83 $94.48 $108.31 $1,012.21
Feb, 2025 3 $12.65 $95.66 $108.31 $916.56
Mar, 2025 4 $11.46 $96.85 $108.31 $819.70
Apr, 2025 5 $10.25 $98.06 $108.31 $721.64
May, 2025 6 $9.02 $99.29 $108.31 $622.35
Jun, 2025 7 $7.78 $100.53 $108.31 $521.82
Jul, 2025 8 $6.52 $101.79 $108.31 $420.03
Aug, 2025 9 $5.25 $103.06 $108.31 $316.97
Sep, 2025 10 $3.96 $104.35 $108.31 $212.62
Oct, 2025 11 $2.66 $105.65 $108.31 $106.97
Nov, 2025 12 $1.34 $106.97 $108.31 $0.00



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how much is 15.99% apr on $1200

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