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How Much is 24% APR on $8000?

The monthly payment is $756.48 for a $8,000 loan with a 24% APR. The loan or credit card debt will cost $1,077.72 in interest payments for the first 12 months.

24% APR on $8000 Calculator

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

24% APR on $8000 Results

APR
23.9998%
Total Financial Charges:
$1,077.72
Total Financing Fees:
$0.00
Financed Amount:
$8,000.00
Loan Amount:
$8,000.00
Monthly Payment:
$756.48
Total # Of Payments:
12
Start Date:
Mar, 2025
Payoff Date:
Feb, 2026
Total Interest Paid:
$1,077.72
Total Payment:
$9,077.72

24% APR on $8000 Amortization Schedule

Payment Date Payment # Interest Paid Principal Paid Total Payment Remaining Balance
Mar, 2025 1 $160.00 $596.48 $756.48 $7,403.52
Apr, 2025 2 $148.07 $608.41 $756.48 $6,795.12
May, 2025 3 $135.90 $620.57 $756.48 $6,174.54
Jun, 2025 4 $123.49 $632.99 $756.48 $5,541.56
Jul, 2025 5 $110.83 $645.65 $756.48 $4,895.91
Aug, 2025 6 $97.92 $658.56 $756.48 $4,237.35
Sep, 2025 7 $84.75 $671.73 $756.48 $3,565.62
Oct, 2025 8 $71.31 $685.16 $756.48 $2,880.46
Nov, 2025 9 $57.61 $698.87 $756.48 $2,181.59
Dec, 2025 10 $43.63 $712.84 $756.48 $1,468.75
Jan, 2026 11 $29.37 $727.10 $756.48 $741.64
Feb, 2026 12 $14.83 $741.64 $756.48 $0.00



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