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The monthly payment is $110.01 for a $1,200 loan with a 17.99% APR. The loan or credit card debt will cost $120.12 in interest payments for the first 12 months.
17.99% APR on $1200 Results |
|
APR |
17.9898% |
Total Financial Charges: |
$120.12 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$1,200.00 |
Loan Amount: |
$1,200.00 |
Monthly Payment: |
$110.01 |
Total # Of Payments: |
12 |
Start Date: |
Dec, 2024 |
Payoff Date: |
Nov, 2025 |
Total Interest Paid: |
$120.12 |
Total Payment: |
$1,320.12 |
17.99% APR on $1200 Amortization Schedule |
||||||
Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|
Dec, 2024 | 1 | $17.99 | $92.02 | $110.01 | $1,107.98 | |
Jan, 2025 | 2 | $16.61 | $93.40 | $110.01 | $1,014.58 | |
Feb, 2025 | 3 | $15.21 | $94.80 | $110.01 | $919.78 | |
Mar, 2025 | 4 | $13.79 | $96.22 | $110.01 | $823.56 | |
Apr, 2025 | 5 | $12.35 | $97.66 | $110.01 | $725.89 | |
May, 2025 | 6 | $10.88 | $99.13 | $110.01 | $626.77 | |
Jun, 2025 | 7 | $9.40 | $100.61 | $110.01 | $526.15 | |
Jul, 2025 | 8 | $7.89 | $102.12 | $110.01 | $424.03 | |
Aug, 2025 | 9 | $6.36 | $103.65 | $110.01 | $320.38 | |
Sep, 2025 | 10 | $4.80 | $105.21 | $110.01 | $215.17 | |
Oct, 2025 | 11 | $3.23 | $106.78 | $110.01 | $108.39 | |
Nov, 2025 | 12 | $1.62 | $108.39 | $110.01 | $0.00 |
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