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The monthly payment is $27.50 for a $300 loan with a 17.99% APR. The loan or credit card debt will cost $30.03 in interest payments for the first 12 months.
17.99% APR on $300 Results |
|
APR |
17.9923% |
Total Financial Charges: |
$30.03 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$300.00 |
Loan Amount: |
$300.00 |
Monthly Payment: |
$27.50 |
Total # Of Payments: |
12 |
Start Date: |
Dec, 2024 |
Payoff Date: |
Nov, 2025 |
Total Interest Paid: |
$30.03 |
Total Payment: |
$330.03 |
17.99% APR on $300 Amortization Schedule |
||||||
Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|
Dec, 2024 | 1 | $4.50 | $23.01 | $27.50 | $276.99 | |
Jan, 2025 | 2 | $4.15 | $23.35 | $27.50 | $253.64 | |
Feb, 2025 | 3 | $3.80 | $23.70 | $27.50 | $229.94 | |
Mar, 2025 | 4 | $3.45 | $24.06 | $27.50 | $205.89 | |
Apr, 2025 | 5 | $3.09 | $24.42 | $27.50 | $181.47 | |
May, 2025 | 6 | $2.72 | $24.78 | $27.50 | $156.69 | |
Jun, 2025 | 7 | $2.35 | $25.15 | $27.50 | $131.54 | |
Jul, 2025 | 8 | $1.97 | $25.53 | $27.50 | $106.01 | |
Aug, 2025 | 9 | $1.59 | $25.91 | $27.50 | $80.09 | |
Sep, 2025 | 10 | $1.20 | $26.30 | $27.50 | $53.79 | |
Oct, 2025 | 11 | $0.81 | $26.70 | $27.50 | $27.10 | |
Nov, 2025 | 12 | $0.41 | $27.10 | $27.50 | $0.00 |
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