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How Much is 24% APR on $8500?

The monthly payment is $803.76 for a $8,500 loan with a 24% APR. The loan or credit card debt will cost $1,145.08 in interest payments for the first 12 months.

24% APR on $8500 Calculator

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

24% APR on $8500 Results

APR
23.9998%
Total Financial Charges:
$1,145.08
Total Financing Fees:
$0.00
Financed Amount:
$8,500.00
Loan Amount:
$8,500.00
Monthly Payment:
$803.76
Total # Of Payments:
12
Start Date:
Mar, 2025
Payoff Date:
Feb, 2026
Total Interest Paid:
$1,145.08
Total Payment:
$9,645.08

24% APR on $8500 Amortization Schedule

Payment Date Payment # Interest Paid Principal Paid Total Payment Remaining Balance
Mar, 2025 1 $170.00 $633.76 $803.76 $7,866.24
Apr, 2025 2 $157.32 $646.43 $803.76 $7,219.81
May, 2025 3 $144.40 $659.36 $803.76 $6,560.45
Jun, 2025 4 $131.21 $672.55 $803.76 $5,887.90
Jul, 2025 5 $117.76 $686.00 $803.76 $5,201.91
Aug, 2025 6 $104.04 $699.72 $803.76 $4,502.19
Sep, 2025 7 $90.04 $713.71 $803.76 $3,788.47
Oct, 2025 8 $75.77 $727.99 $803.76 $3,060.49
Nov, 2025 9 $61.21 $742.55 $803.76 $2,317.94
Dec, 2025 10 $46.36 $757.40 $803.76 $1,560.54
Jan, 2026 11 $31.21 $772.55 $803.76 $788.00
Feb, 2026 12 $15.76 $788.00 $803.76 $0.00



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