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How Much is 20% APR on $300?


The monthly payment is $27.79 for a $300 loan with a 20% APR. The loan or credit card debt will cost $33.48 in interest payments for the first 12 months.

20% APR on $300 Calculator

Loan Amount
Loan Terms
months
Interest Rate
Financing Fees (added to loan)
Prepaid Financing Fees

20% APR on $300 Results

APR
19.9939%
Total Financial Charges:
$33.48
Total Financing Fees:
$0.00
Financed Amount:
$300.00
Loan Amount:
$300.00
Monthly Payment:
$27.79
Total # Of Payments:
12
Start Date:
May, 2024
Payoff Date:
Apr, 2025
Total Interest Paid:
$33.48
Total Payment:
$333.48

20% APR on $300 Amortization Schedule

Payment Date Payment # Interest Paid Principal Paid Total Payment Remaining Balance
May, 2024 1 $5.00 $22.79 $27.79 $277.21
Jun, 2024 2 $4.62 $23.17 $27.79 $254.04
Jul, 2024 3 $4.23 $23.56 $27.79 $230.48
Aug, 2024 4 $3.84 $23.95 $27.79 $206.53
Sep, 2024 5 $3.44 $24.35 $27.79 $182.19
Oct, 2024 6 $3.04 $24.75 $27.79 $157.43
Nov, 2024 7 $2.62 $25.17 $27.79 $132.27
Dec, 2024 8 $2.20 $25.59 $27.79 $106.68
Jan, 2025 9 $1.78 $26.01 $27.79 $80.67
Feb, 2025 10 $1.34 $26.45 $27.79 $54.22
Mar, 2025 11 $0.90 $26.89 $27.79 $27.33
Apr, 2025 12 $0.46 $27.33 $27.79 $0.00



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