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The monthly payment is $27.65 for a $300 loan with a 19% APR. The loan or credit card debt will cost $31.76 in interest payments for the first 12 months.
19% APR on $300 Results |
|
APR |
18.9985% |
Total Financial Charges: |
$31.76 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$300.00 |
Loan Amount: |
$300.00 |
Monthly Payment: |
$27.65 |
Total # Of Payments: |
12 |
Start Date: |
Dec, 2024 |
Payoff Date: |
Nov, 2025 |
Total Interest Paid: |
$31.76 |
Total Payment: |
$331.76 |
19% APR on $300 Amortization Schedule |
||||||
Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|
Dec, 2024 | 1 | $4.75 | $22.90 | $27.65 | $277.10 | |
Jan, 2025 | 2 | $4.39 | $23.26 | $27.65 | $253.84 | |
Feb, 2025 | 3 | $4.02 | $23.63 | $27.65 | $230.22 | |
Mar, 2025 | 4 | $3.65 | $24.00 | $27.65 | $206.21 | |
Apr, 2025 | 5 | $3.27 | $24.38 | $27.65 | $181.83 | |
May, 2025 | 6 | $2.88 | $24.77 | $27.65 | $157.06 | |
Jun, 2025 | 7 | $2.49 | $25.16 | $27.65 | $131.90 | |
Jul, 2025 | 8 | $2.09 | $25.56 | $27.65 | $106.35 | |
Aug, 2025 | 9 | $1.68 | $25.96 | $27.65 | $80.38 | |
Sep, 2025 | 10 | $1.27 | $26.37 | $27.65 | $54.01 | |
Oct, 2025 | 11 | $0.86 | $26.79 | $27.65 | $27.22 | |
Nov, 2025 | 12 | $0.43 | $27.22 | $27.65 | $0.00 |
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