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How Much is 21% APR on $100?
The monthly payment is $9.31 for a $100 loan with a 21% APR. The loan or credit card debt will cost $11.74 in interest payments for the first 12 months.
21% APR on $100 Results |
|
APR |
21.0005% |
Total Financial Charges: |
$11.74 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$100.00 |
Loan Amount: |
$100.00 |
Monthly Payment: |
$9.31 |
Total # Of Payments: |
12 |
Start Date: |
Apr, 2024 |
Payoff Date: |
Mar, 2025 |
Total Interest Paid: |
$11.74 |
Total Payment: |
$111.74 |
21% APR on $100 Amortization Schedule |
||||||
| Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
|---|---|---|---|---|---|---|
| Apr, 2024 | 1 | $1.75 | $7.56 | $9.31 | $92.44 | |
| May, 2024 | 2 | $1.62 | $7.69 | $9.31 | $84.74 | |
| Jun, 2024 | 3 | $1.48 | $7.83 | $9.31 | $76.92 | |
| Jul, 2024 | 4 | $1.35 | $7.97 | $9.31 | $68.95 | |
| Aug, 2024 | 5 | $1.21 | $8.10 | $9.31 | $60.85 | |
| Sep, 2024 | 6 | $1.06 | $8.25 | $9.31 | $52.60 | |
| Oct, 2024 | 7 | $0.92 | $8.39 | $9.31 | $44.21 | |
| Nov, 2024 | 8 | $0.77 | $8.54 | $9.31 | $35.67 | |
| Dec, 2024 | 9 | $0.62 | $8.69 | $9.31 | $26.98 | |
| Jan, 2025 | 10 | $0.47 | $8.84 | $9.31 | $18.15 | |
| Feb, 2025 | 11 | $0.32 | $8.99 | $9.31 | $9.15 | |
| Mar, 2025 | 12 | $0.16 | $9.15 | $9.31 | $0.00 | |
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