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The monthly payment is $85.10 for a $900 loan with a 24% APR. The loan or credit card debt will cost $121.24 in interest payments for the first 12 months.
24% APR on $900 Results |
|
APR |
23.9998% |
Total Financial Charges: |
$121.24 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$900.00 |
Loan Amount: |
$900.00 |
Monthly Payment: |
$85.10 |
Total # Of Payments: |
12 |
Start Date: |
Jan, 2025 |
Payoff Date: |
Dec, 2025 |
Total Interest Paid: |
$121.24 |
Total Payment: |
$1,021.24 |
24% APR on $900 Amortization Schedule |
||||||
Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|
Jan, 2025 | 1 | $18.00 | $67.10 | $85.10 | $832.90 | |
Feb, 2025 | 2 | $16.66 | $68.45 | $85.10 | $764.45 | |
Mar, 2025 | 3 | $15.29 | $69.81 | $85.10 | $694.64 | |
Apr, 2025 | 4 | $13.89 | $71.21 | $85.10 | $623.43 | |
May, 2025 | 5 | $12.47 | $72.64 | $85.10 | $550.79 | |
Jun, 2025 | 6 | $11.02 | $74.09 | $85.10 | $476.70 | |
Jul, 2025 | 7 | $9.53 | $75.57 | $85.10 | $401.13 | |
Aug, 2025 | 8 | $8.02 | $77.08 | $85.10 | $324.05 | |
Sep, 2025 | 9 | $6.48 | $78.62 | $85.10 | $245.43 | |
Oct, 2025 | 10 | $4.91 | $80.20 | $85.10 | $165.23 | |
Nov, 2025 | 11 | $3.30 | $81.80 | $85.10 | $83.43 | |
Dec, 2025 | 12 | $1.67 | $83.43 | $85.10 | $0.00 |
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