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The monthly payment is $123.55 for a $1,300 loan with a 24.99% APR. The loan or credit card debt will cost $182.61 in interest payments for the first 12 months.
24.99% APR on $1300 Results |
|
APR |
24.9901% |
Total Financial Charges: |
$182.61 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$1,300.00 |
Loan Amount: |
$1,300.00 |
Monthly Payment: |
$123.55 |
Total # Of Payments: |
12 |
Start Date: |
Dec, 2024 |
Payoff Date: |
Nov, 2025 |
Total Interest Paid: |
$182.61 |
Total Payment: |
$1,482.61 |
24.99% APR on $1300 Amortization Schedule |
||||||
Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|
Dec, 2024 | 1 | $27.07 | $96.48 | $123.55 | $1,203.52 | |
Jan, 2025 | 2 | $25.06 | $98.49 | $123.55 | $1,105.03 | |
Feb, 2025 | 3 | $23.01 | $100.54 | $123.55 | $1,004.49 | |
Mar, 2025 | 4 | $20.92 | $102.63 | $123.55 | $901.86 | |
Apr, 2025 | 5 | $18.78 | $104.77 | $123.55 | $797.09 | |
May, 2025 | 6 | $16.60 | $106.95 | $123.55 | $690.14 | |
Jun, 2025 | 7 | $14.37 | $109.18 | $123.55 | $580.96 | |
Jul, 2025 | 8 | $12.10 | $111.45 | $123.55 | $469.51 | |
Aug, 2025 | 9 | $9.78 | $113.77 | $123.55 | $355.74 | |
Sep, 2025 | 10 | $7.41 | $116.14 | $123.55 | $239.59 | |
Oct, 2025 | 11 | $4.99 | $118.56 | $123.55 | $121.03 | |
Nov, 2025 | 12 | $2.52 | $121.03 | $123.55 | $0.00 |
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