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The monthly payment is $138.23 for a $1,500 loan with a 18.99% APR. The loan or credit card debt will cost $158.73 in interest payments for the first 12 months.
18.99% APR on $1500 Results |
|
APR |
18.9909% |
Total Financial Charges: |
$158.73 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$1,500.00 |
Loan Amount: |
$1,500.00 |
Monthly Payment: |
$138.23 |
Total # Of Payments: |
12 |
Start Date: |
Nov, 2024 |
Payoff Date: |
Oct, 2025 |
Total Interest Paid: |
$158.73 |
Total Payment: |
$1,658.73 |
18.99% APR on $1500 Amortization Schedule |
||||||
Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|
Nov, 2024 | 1 | $23.74 | $114.49 | $138.23 | $1,385.51 | |
Dec, 2024 | 2 | $21.93 | $116.30 | $138.23 | $1,269.21 | |
Jan, 2025 | 3 | $20.09 | $118.14 | $138.23 | $1,151.07 | |
Feb, 2025 | 4 | $18.22 | $120.01 | $138.23 | $1,031.05 | |
Mar, 2025 | 5 | $16.32 | $121.91 | $138.23 | $909.14 | |
Apr, 2025 | 6 | $14.39 | $123.84 | $138.23 | $785.30 | |
May, 2025 | 7 | $12.43 | $125.80 | $138.23 | $659.50 | |
Jun, 2025 | 8 | $10.44 | $127.79 | $138.23 | $531.71 | |
Jul, 2025 | 9 | $8.41 | $129.81 | $138.23 | $401.90 | |
Aug, 2025 | 10 | $6.36 | $131.87 | $138.23 | $270.03 | |
Sep, 2025 | 11 | $4.27 | $133.95 | $138.23 | $136.07 | |
Oct, 2025 | 12 | $2.15 | $136.07 | $138.23 | $0.00 |
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