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The monthly payment is $95.04 for a $1,000 loan with a 24.99% APR. The loan or credit card debt will cost $140.47 in interest payments for the first 12 months.
24.99% APR on $1000 Results |
|
APR |
24.9901% |
Total Financial Charges: |
$140.47 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$1,000.00 |
Loan Amount: |
$1,000.00 |
Monthly Payment: |
$95.04 |
Total # Of Payments: |
12 |
Start Date: |
Dec, 2024 |
Payoff Date: |
Nov, 2025 |
Total Interest Paid: |
$140.47 |
Total Payment: |
$1,140.47 |
24.99% APR on $1000 Amortization Schedule |
||||||
Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|
Dec, 2024 | 1 | $20.83 | $74.21 | $95.04 | $925.79 | |
Jan, 2025 | 2 | $19.28 | $75.76 | $95.04 | $850.03 | |
Feb, 2025 | 3 | $17.70 | $77.34 | $95.04 | $772.69 | |
Mar, 2025 | 4 | $16.09 | $78.95 | $95.04 | $693.74 | |
Apr, 2025 | 5 | $14.45 | $80.59 | $95.04 | $613.15 | |
May, 2025 | 6 | $12.77 | $82.27 | $95.04 | $530.88 | |
Jun, 2025 | 7 | $11.06 | $83.98 | $95.04 | $446.89 | |
Jul, 2025 | 8 | $9.31 | $85.73 | $95.04 | $361.16 | |
Aug, 2025 | 9 | $7.52 | $87.52 | $95.04 | $273.64 | |
Sep, 2025 | 10 | $5.70 | $89.34 | $95.04 | $184.30 | |
Oct, 2025 | 11 | $3.84 | $91.20 | $95.04 | $93.10 | |
Nov, 2025 | 12 | $1.94 | $93.10 | $95.04 | $0.00 |
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