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The monthly payment is $27.36 for a $300 loan with a 17% APR. The loan or credit card debt will cost $28.34 in interest payments for the first 12 months.
17% APR on $300 Results |
|
APR |
16.9966% |
Total Financial Charges: |
$28.34 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$300.00 |
Loan Amount: |
$300.00 |
Monthly Payment: |
$27.36 |
Total # Of Payments: |
12 |
Start Date: |
Dec, 2024 |
Payoff Date: |
Nov, 2025 |
Total Interest Paid: |
$28.34 |
Total Payment: |
$328.34 |
17% APR on $300 Amortization Schedule |
||||||
Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|
Dec, 2024 | 1 | $4.25 | $23.11 | $27.36 | $276.89 | |
Jan, 2025 | 2 | $3.92 | $23.44 | $27.36 | $253.45 | |
Feb, 2025 | 3 | $3.59 | $23.77 | $27.36 | $229.68 | |
Mar, 2025 | 4 | $3.25 | $24.11 | $27.36 | $205.57 | |
Apr, 2025 | 5 | $2.91 | $24.45 | $27.36 | $181.12 | |
May, 2025 | 6 | $2.57 | $24.80 | $27.36 | $156.33 | |
Jun, 2025 | 7 | $2.21 | $25.15 | $27.36 | $131.18 | |
Jul, 2025 | 8 | $1.86 | $25.50 | $27.36 | $105.68 | |
Aug, 2025 | 9 | $1.50 | $25.86 | $27.36 | $79.81 | |
Sep, 2025 | 10 | $1.13 | $26.23 | $27.36 | $53.58 | |
Oct, 2025 | 11 | $0.76 | $26.60 | $27.36 | $26.98 | |
Nov, 2025 | 12 | $0.38 | $26.98 | $27.36 | $0.00 |
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