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The monthly payment is $139.67 for a $1,500 loan with a 21% APR. The loan or credit card debt will cost $176.05 in interest payments for the first 12 months.
21% APR on $1500 Results |
|
APR |
21.0005% |
Total Financial Charges: |
$176.05 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$1,500.00 |
Loan Amount: |
$1,500.00 |
Monthly Payment: |
$139.67 |
Total # Of Payments: |
12 |
Start Date: |
Jan, 2025 |
Payoff Date: |
Dec, 2025 |
Total Interest Paid: |
$176.05 |
Total Payment: |
$1,676.05 |
21% APR on $1500 Amortization Schedule |
||||||
Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|
Jan, 2025 | 1 | $26.25 | $113.42 | $139.67 | $1,386.58 | |
Feb, 2025 | 2 | $24.27 | $115.41 | $139.67 | $1,271.17 | |
Mar, 2025 | 3 | $22.25 | $117.43 | $139.67 | $1,153.75 | |
Apr, 2025 | 4 | $20.19 | $119.48 | $139.67 | $1,034.27 | |
May, 2025 | 5 | $18.10 | $121.57 | $139.67 | $912.70 | |
Jun, 2025 | 6 | $15.97 | $123.70 | $139.67 | $789.00 | |
Jul, 2025 | 7 | $13.81 | $125.86 | $139.67 | $663.14 | |
Aug, 2025 | 8 | $11.60 | $128.07 | $139.67 | $535.07 | |
Sep, 2025 | 9 | $9.36 | $130.31 | $139.67 | $404.76 | |
Oct, 2025 | 10 | $7.08 | $132.59 | $139.67 | $272.18 | |
Nov, 2025 | 11 | $4.76 | $134.91 | $139.67 | $137.27 | |
Dec, 2025 | 12 | $2.40 | $137.27 | $139.67 | $0.00 |
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