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The monthly payment is $121.04 for a $1,300 loan with a 20.99% APR. The loan or credit card debt will cost $152.50 in interest payments for the first 12 months.
20.99% APR on $1300 Results |
|
APR |
20.9902% |
Total Financial Charges: |
$152.50 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$1,300.00 |
Loan Amount: |
$1,300.00 |
Monthly Payment: |
$121.04 |
Total # Of Payments: |
12 |
Start Date: |
Dec, 2024 |
Payoff Date: |
Nov, 2025 |
Total Interest Paid: |
$152.50 |
Total Payment: |
$1,452.50 |
20.99% APR on $1300 Amortization Schedule |
||||||
Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|
Dec, 2024 | 1 | $22.74 | $98.30 | $121.04 | $1,201.70 | |
Jan, 2025 | 2 | $21.02 | $100.02 | $121.04 | $1,101.68 | |
Feb, 2025 | 3 | $19.27 | $101.77 | $121.04 | $999.90 | |
Mar, 2025 | 4 | $17.49 | $103.55 | $121.04 | $896.35 | |
Apr, 2025 | 5 | $15.68 | $105.36 | $121.04 | $790.99 | |
May, 2025 | 6 | $13.84 | $107.21 | $121.04 | $683.78 | |
Jun, 2025 | 7 | $11.96 | $109.08 | $121.04 | $574.70 | |
Jul, 2025 | 8 | $10.05 | $110.99 | $121.04 | $463.71 | |
Aug, 2025 | 9 | $8.11 | $112.93 | $121.04 | $350.78 | |
Sep, 2025 | 10 | $6.14 | $114.91 | $121.04 | $235.88 | |
Oct, 2025 | 11 | $4.13 | $116.92 | $121.04 | $118.96 | |
Nov, 2025 | 12 | $2.08 | $118.96 | $121.04 | $0.00 |
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