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How Much is 24% APR on $300?
The monthly payment is $28.37 for a $300 loan with a 24% APR. The loan or credit card debt will cost $40.41 in interest payments for the first 12 months.
24% APR on $300 Results |
|
APR |
23.9964% |
Total Financial Charges: |
$40.41 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$300.00 |
Loan Amount: |
$300.00 |
Monthly Payment: |
$28.37 |
Total # Of Payments: |
12 |
Start Date: |
May, 2024 |
Payoff Date: |
Apr, 2025 |
Total Interest Paid: |
$40.41 |
Total Payment: |
$340.41 |
24% APR on $300 Amortization Schedule |
||||||
| Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
|---|---|---|---|---|---|---|
| May, 2024 | 1 | $6.00 | $22.37 | $28.37 | $277.63 | |
| Jun, 2024 | 2 | $5.55 | $22.82 | $28.37 | $254.82 | |
| Jul, 2024 | 3 | $5.10 | $23.27 | $28.37 | $231.55 | |
| Aug, 2024 | 4 | $4.63 | $23.74 | $28.37 | $207.81 | |
| Sep, 2024 | 5 | $4.16 | $24.21 | $28.37 | $183.60 | |
| Oct, 2024 | 6 | $3.67 | $24.70 | $28.37 | $158.90 | |
| Nov, 2024 | 7 | $3.18 | $25.19 | $28.37 | $133.71 | |
| Dec, 2024 | 8 | $2.67 | $25.69 | $28.37 | $108.02 | |
| Jan, 2025 | 9 | $2.16 | $26.21 | $28.37 | $81.81 | |
| Feb, 2025 | 10 | $1.64 | $26.73 | $28.37 | $55.08 | |
| Mar, 2025 | 11 | $1.10 | $27.27 | $28.37 | $27.81 | |
| Apr, 2025 | 12 | $0.56 | $27.81 | $28.37 | $0.00 | |
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how much is 24.99% apr on $300
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