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How Much is 18% APR on $6000?

The monthly payment is $550.08 for a $6,000 loan with a 18% APR. The loan or credit card debt will cost $600.96 in interest payments for the first 12 months.

18% APR on $6000 Calculator

Loan Amount
Loan Terms
months
Interest Rate
Financing Fees (added to loan)
Prepaid Financing Fees

18% APR on $6000 Results

APR
18.0001%
Total Financial Charges:
$600.96
Total Financing Fees:
$0.00
Financed Amount:
$6,000.00
Loan Amount:
$6,000.00
Monthly Payment:
$550.08
Total # Of Payments:
12
Start Date:
Jun, 2025
Payoff Date:
May, 2026
Total Interest Paid:
$600.96
Total Payment:
$6,600.96

18% APR on $6000 Amortization Schedule

Payment Date Payment # Interest Paid Principal Paid Total Payment Remaining Balance
Jun, 2025 1 $90.00 $460.08 $550.08 $5,539.92
Jul, 2025 2 $83.10 $466.98 $550.08 $5,072.94
Aug, 2025 3 $76.09 $473.99 $550.08 $4,598.95
Sep, 2025 4 $68.98 $481.10 $550.08 $4,117.86
Oct, 2025 5 $61.77 $488.31 $550.08 $3,629.55
Nov, 2025 6 $54.44 $495.64 $550.08 $3,133.91
Dec, 2025 7 $47.01 $503.07 $550.08 $2,630.84
Jan, 2026 8 $39.46 $510.62 $550.08 $2,120.22
Feb, 2026 9 $31.80 $518.28 $550.08 $1,601.94
Mar, 2026 10 $24.03 $526.05 $550.08 $1,075.89
Apr, 2026 11 $16.14 $533.94 $550.08 $541.95
May, 2026 12 $8.13 $541.95 $550.08 $0.00



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