Loan | Mortgage | Car | Commercial | Student | Biweekly | Extra Payments | Payoff | Excel |
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 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 |
Loan Calculator | Terms | Privacy | Disclaimer | Contact
©2024 Loan Calculator