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The monthly payment is $9.22 for a $100 loan with a 19% APR. The loan or credit card debt will cost $10.59 in interest payments for the first 12 months.
19% APR on $100 Results |
|
APR |
19.0092% |
Total Financial Charges: |
$10.59 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$100.00 |
Loan Amount: |
$100.00 |
Monthly Payment: |
$9.22 |
Total # Of Payments: |
12 |
Start Date: |
Oct, 2024 |
Payoff Date: |
Sep, 2025 |
Total Interest Paid: |
$10.59 |
Total Payment: |
$110.59 |
19% APR on $100 Amortization Schedule |
||||||
Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|
Oct, 2024 | 1 | $1.58 | $7.63 | $9.22 | $92.37 | |
Nov, 2024 | 2 | $1.46 | $7.75 | $9.22 | $84.61 | |
Dec, 2024 | 3 | $1.34 | $7.88 | $9.22 | $76.74 | |
Jan, 2025 | 4 | $1.22 | $8.00 | $9.22 | $68.74 | |
Feb, 2025 | 5 | $1.09 | $8.13 | $9.22 | $60.61 | |
Mar, 2025 | 6 | $0.96 | $8.26 | $9.22 | $52.35 | |
Apr, 2025 | 7 | $0.83 | $8.39 | $9.22 | $43.97 | |
May, 2025 | 8 | $0.70 | $8.52 | $9.22 | $35.45 | |
Jun, 2025 | 9 | $0.56 | $8.65 | $9.22 | $26.79 | |
Jul, 2025 | 10 | $0.42 | $8.79 | $9.22 | $18.00 | |
Aug, 2025 | 11 | $0.29 | $8.93 | $9.22 | $9.07 | |
Sep, 2025 | 12 | $0.14 | $9.07 | $9.22 | $0.00 |
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