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The monthly payment is $138.23 for a $1,500 loan with a 19% APR. The loan or credit card debt will cost $158.82 in interest payments for the first 12 months.
19% APR on $1500 Results |
|
APR |
19.0012% |
Total Financial Charges: |
$158.82 |
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: |
Dec, 2024 |
Payoff Date: |
Nov, 2025 |
Total Interest Paid: |
$158.82 |
Total Payment: |
$1,658.82 |
19% APR on $1500 Amortization Schedule |
||||||
Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|
Dec, 2024 | 1 | $23.75 | $114.48 | $138.23 | $1,385.52 | |
Jan, 2025 | 2 | $21.94 | $116.30 | $138.23 | $1,269.22 | |
Feb, 2025 | 3 | $20.10 | $118.14 | $138.23 | $1,151.08 | |
Mar, 2025 | 4 | $18.23 | $120.01 | $138.23 | $1,031.07 | |
Apr, 2025 | 5 | $16.33 | $121.91 | $138.23 | $909.16 | |
May, 2025 | 6 | $14.40 | $123.84 | $138.23 | $785.32 | |
Jun, 2025 | 7 | $12.43 | $125.80 | $138.23 | $659.52 | |
Jul, 2025 | 8 | $10.44 | $127.79 | $138.23 | $531.73 | |
Aug, 2025 | 9 | $8.42 | $129.82 | $138.23 | $401.91 | |
Sep, 2025 | 10 | $6.36 | $131.87 | $138.23 | $270.04 | |
Oct, 2025 | 11 | $4.28 | $133.96 | $138.23 | $136.08 | |
Nov, 2025 | 12 | $2.15 | $136.08 | $138.23 | $0.00 |
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