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The monthly payment is $825.12 for a $9,000 loan with a 18% APR. The loan or credit card debt will cost $901.44 in interest payments for the first 12 months.
18% APR on $9000 Results |
|
APR |
18.0001% |
Total Financial Charges: |
$901.44 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$9,000.00 |
Loan Amount: |
$9,000.00 |
Monthly Payment: |
$825.12 |
Total # Of Payments: |
12 |
Start Date: |
Nov, 2024 |
Payoff Date: |
Oct, 2025 |
Total Interest Paid: |
$901.44 |
Total Payment: |
$9,901.44 |
18% APR on $9000 Amortization Schedule |
||||||
Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|
Nov, 2024 | 1 | $135.00 | $690.12 | $825.12 | $8,309.88 | |
Dec, 2024 | 2 | $124.65 | $700.47 | $825.12 | $7,609.41 | |
Jan, 2025 | 3 | $114.14 | $710.98 | $825.12 | $6,898.43 | |
Feb, 2025 | 4 | $103.48 | $721.64 | $825.12 | $6,176.79 | |
Mar, 2025 | 5 | $92.65 | $732.47 | $825.12 | $5,444.32 | |
Apr, 2025 | 6 | $81.66 | $743.46 | $825.12 | $4,700.86 | |
May, 2025 | 7 | $70.51 | $754.61 | $825.12 | $3,946.26 | |
Jun, 2025 | 8 | $59.19 | $765.93 | $825.12 | $3,180.33 | |
Jul, 2025 | 9 | $47.70 | $777.41 | $825.12 | $2,402.91 | |
Aug, 2025 | 10 | $36.04 | $789.08 | $825.12 | $1,613.84 | |
Sep, 2025 | 11 | $24.21 | $800.91 | $825.12 | $812.93 | |
Oct, 2025 | 12 | $12.19 | $812.93 | $825.12 | $0.00 |
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