| Loan | Mortgage | Car | Commercial | Student | Biweekly | Extra Payments | Payoff | Excel | 
The monthly payment is $46.08 for a $500 loan with a 18.99% APR. The loan or credit card debt will cost $52.91 in interest payments for the first 12 months.
18.99% APR on $500 Results | 
        |
APR  | 
             18.9882% | 
Total Financial Charges:  | 
             $52.91 | 
Total Financing Fees:  | 
             $0.00 | 
Financed Amount:  | 
                $500.00 | 
Loan Amount:  |  
                $500.00 | 
Monthly Payment:  | 
                $46.08 | 
Total # Of Payments:  | 
                12 | 
Start Date:  | 
                Nov, 2025 | 
Payoff Date:  | 
                Oct, 2026 | 
Total Interest Paid:  | 
                $52.91 | 
Total Payment:  | 
                $552.91 | 
18.99% APR on $500 Amortization Schedule | 
                 ||||||
| Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
|---|---|---|---|---|---|---|
| Nov, 2025 | 1 | $7.91 | $38.16 | $46.08 | $461.84 | |
| Dec, 2025 | 2 | $7.31 | $38.77 | $46.08 | $423.07 | |
| Jan, 2026 | 3 | $6.70 | $39.38 | $46.08 | $383.69 | |
| Feb, 2026 | 4 | $6.07 | $40.00 | $46.08 | $343.68 | |
| Mar, 2026 | 5 | $5.44 | $40.64 | $46.08 | $303.05 | |
| Apr, 2026 | 6 | $4.80 | $41.28 | $46.08 | $261.77 | |
| May, 2026 | 7 | $4.14 | $41.93 | $46.08 | $219.83 | |
| Jun, 2026 | 8 | $3.48 | $42.60 | $46.08 | $177.24 | |
| Jul, 2026 | 9 | $2.80 | $43.27 | $46.08 | $133.97 | |
| Aug, 2026 | 10 | $2.12 | $43.96 | $46.08 | $90.01 | |
| Sep, 2026 | 11 | $1.42 | $44.65 | $46.08 | $45.36 | |
| Oct, 2026 | 12 | $0.72 | $45.36 | $46.08 | $0.00 | |
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