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The monthly payment is $9.12 for a $100 loan with a 16.99% APR. The loan or credit card debt will cost $9.44 in interest payments for the first 12 months.
16.99% APR on $100 Results |
|
APR |
16.9863% |
Total Financial Charges: |
$9.44 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$100.00 |
Loan Amount: |
$100.00 |
Monthly Payment: |
$9.12 |
Total # Of Payments: |
12 |
Start Date: |
Dec, 2024 |
Payoff Date: |
Nov, 2025 |
Total Interest Paid: |
$9.44 |
Total Payment: |
$109.44 |
16.99% APR on $100 Amortization Schedule |
||||||
Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|
Dec, 2024 | 1 | $1.42 | $7.70 | $9.12 | $92.30 | |
Jan, 2025 | 2 | $1.31 | $7.81 | $9.12 | $84.48 | |
Feb, 2025 | 3 | $1.20 | $7.92 | $9.12 | $76.56 | |
Mar, 2025 | 4 | $1.08 | $8.04 | $9.12 | $68.52 | |
Apr, 2025 | 5 | $0.97 | $8.15 | $9.12 | $60.37 | |
May, 2025 | 6 | $0.85 | $8.27 | $9.12 | $52.11 | |
Jun, 2025 | 7 | $0.74 | $8.38 | $9.12 | $43.73 | |
Jul, 2025 | 8 | $0.62 | $8.50 | $9.12 | $35.22 | |
Aug, 2025 | 9 | $0.50 | $8.62 | $9.12 | $26.60 | |
Sep, 2025 | 10 | $0.38 | $8.74 | $9.12 | $17.86 | |
Oct, 2025 | 11 | $0.25 | $8.87 | $9.12 | $8.99 | |
Nov, 2025 | 12 | $0.13 | $8.99 | $9.12 | $0.00 |
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