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The monthly payment is $27.93 for a $300 loan with a 20.99% APR. The loan or credit card debt will cost $35.19 in interest payments for the first 12 months.
20.99% APR on $300 Results |
|
APR |
20.9902% |
Total Financial Charges: |
$35.19 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$300.00 |
Loan Amount: |
$300.00 |
Monthly Payment: |
$27.93 |
Total # Of Payments: |
12 |
Start Date: |
Dec, 2024 |
Payoff Date: |
Nov, 2025 |
Total Interest Paid: |
$35.19 |
Total Payment: |
$335.19 |
20.99% APR on $300 Amortization Schedule |
||||||
Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|
Dec, 2024 | 1 | $5.25 | $22.69 | $27.93 | $277.31 | |
Jan, 2025 | 2 | $4.85 | $23.08 | $27.93 | $254.23 | |
Feb, 2025 | 3 | $4.45 | $23.49 | $27.93 | $230.75 | |
Mar, 2025 | 4 | $4.04 | $23.90 | $27.93 | $206.85 | |
Apr, 2025 | 5 | $3.62 | $24.31 | $27.93 | $182.54 | |
May, 2025 | 6 | $3.19 | $24.74 | $27.93 | $157.80 | |
Jun, 2025 | 7 | $2.76 | $25.17 | $27.93 | $132.62 | |
Jul, 2025 | 8 | $2.32 | $25.61 | $27.93 | $107.01 | |
Aug, 2025 | 9 | $1.87 | $26.06 | $27.93 | $80.95 | |
Sep, 2025 | 10 | $1.42 | $26.52 | $27.93 | $54.43 | |
Oct, 2025 | 11 | $0.95 | $26.98 | $27.93 | $27.45 | |
Nov, 2025 | 12 | $0.48 | $27.45 | $27.93 | $0.00 |
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