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How Much is 24% APR on $1000?

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The monthly payment is $94.56 for a $1,000 loan with a 24% APR. The loan or credit card debt will cost $134.72 in interest payments for the first 12 months.

24% APR on $1000 Calculator

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

24% APR on $1000 Results

APR
23.9998%
Total Financial Charges:
$134.72
Total Financing Fees:
$0.00
Financed Amount:
$1,000.00
Loan Amount:
$1,000.00
Monthly Payment:
$94.56
Total # Of Payments:
12
Start Date:
Jan, 2025
Payoff Date:
Dec, 2025
Total Interest Paid:
$134.72
Total Payment:
$1,134.72

24% APR on $1000 Amortization Schedule

Payment Date Payment # Interest Paid Principal Paid Total Payment Remaining Balance
Jan, 2025 1 $20.00 $74.56 $94.56 $925.44
Feb, 2025 2 $18.51 $76.05 $94.56 $849.39
Mar, 2025 3 $16.99 $77.57 $94.56 $771.82
Apr, 2025 4 $15.44 $79.12 $94.56 $692.69
May, 2025 5 $13.85 $80.71 $94.56 $611.99
Jun, 2025 6 $12.24 $82.32 $94.56 $529.67
Jul, 2025 7 $10.59 $83.97 $94.56 $445.70
Aug, 2025 8 $8.91 $85.65 $94.56 $360.06
Sep, 2025 9 $7.20 $87.36 $94.56 $272.70
Oct, 2025 10 $5.45 $89.11 $94.56 $183.59
Nov, 2025 11 $3.67 $90.89 $94.56 $92.71
Dec, 2025 12 $1.85 $92.71 $94.56 $0.00



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