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The monthly payment is $136.80 for a $1,500 loan with a 16.99% APR. The loan or credit card debt will cost $141.60 in interest payments for the first 12 months.
16.99% APR on $1500 Results |
|
APR |
16.9911% |
Total Financial Charges: |
$141.60 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$1,500.00 |
Loan Amount: |
$1,500.00 |
Monthly Payment: |
$136.80 |
Total # Of Payments: |
12 |
Start Date: |
Dec, 2024 |
Payoff Date: |
Nov, 2025 |
Total Interest Paid: |
$141.60 |
Total Payment: |
$1,641.60 |
16.99% APR on $1500 Amortization Schedule |
||||||
Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|
Dec, 2024 | 1 | $21.24 | $115.56 | $136.80 | $1,384.44 | |
Jan, 2025 | 2 | $19.60 | $117.20 | $136.80 | $1,267.24 | |
Feb, 2025 | 3 | $17.94 | $118.86 | $136.80 | $1,148.38 | |
Mar, 2025 | 4 | $16.26 | $120.54 | $136.80 | $1,027.84 | |
Apr, 2025 | 5 | $14.55 | $122.25 | $136.80 | $905.59 | |
May, 2025 | 6 | $12.82 | $123.98 | $136.80 | $781.61 | |
Jun, 2025 | 7 | $11.07 | $125.73 | $136.80 | $655.88 | |
Jul, 2025 | 8 | $9.29 | $127.51 | $136.80 | $528.37 | |
Aug, 2025 | 9 | $7.48 | $129.32 | $136.80 | $399.05 | |
Sep, 2025 | 10 | $5.65 | $131.15 | $136.80 | $267.90 | |
Oct, 2025 | 11 | $3.79 | $133.01 | $136.80 | $134.89 | |
Nov, 2025 | 12 | $1.91 | $134.89 | $136.80 | $0.00 |
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