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How Much is 15% APR on $300?
The monthly payment is $27.08 for a $300 loan with a 15% APR. The loan or credit card debt will cost $24.93 in interest payments for the first 12 months.
15% APR on $300 Results |
|
APR |
15.0032% |
Total Financial Charges: |
$24.93 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$300.00 |
Loan Amount: |
$300.00 |
Monthly Payment: |
$27.08 |
Total # Of Payments: |
12 |
Start Date: |
May, 2024 |
Payoff Date: |
Apr, 2025 |
Total Interest Paid: |
$24.93 |
Total Payment: |
$324.93 |
15% APR on $300 Amortization Schedule |
||||||
| Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
|---|---|---|---|---|---|---|
| May, 2024 | 1 | $3.75 | $23.33 | $27.08 | $276.67 | |
| Jun, 2024 | 2 | $3.46 | $23.62 | $27.08 | $253.05 | |
| Jul, 2024 | 3 | $3.16 | $23.91 | $27.08 | $229.14 | |
| Aug, 2024 | 4 | $2.86 | $24.21 | $27.08 | $204.93 | |
| Sep, 2024 | 5 | $2.56 | $24.52 | $27.08 | $180.41 | |
| Oct, 2024 | 6 | $2.26 | $24.82 | $27.08 | $155.59 | |
| Nov, 2024 | 7 | $1.94 | $25.13 | $27.08 | $130.45 | |
| Dec, 2024 | 8 | $1.63 | $25.45 | $27.08 | $105.01 | |
| Jan, 2025 | 9 | $1.31 | $25.76 | $27.08 | $79.24 | |
| Feb, 2025 | 10 | $0.99 | $26.09 | $27.08 | $53.16 | |
| Mar, 2025 | 11 | $0.66 | $26.41 | $27.08 | $26.74 | |
| Apr, 2025 | 12 | $0.33 | $26.74 | $27.08 | $0.00 | |
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