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The monthly payment is $237.60 for a $2,500 loan with a 24.99% APR. The loan or credit card debt will cost $351.18 in interest payments for the first 12 months.
24.99% APR on $2500 Results |
|
APR |
24.9901% |
Total Financial Charges: |
$351.18 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$2,500.00 |
Loan Amount: |
$2,500.00 |
Monthly Payment: |
$237.60 |
Total # Of Payments: |
12 |
Start Date: |
Feb, 2025 |
Payoff Date: |
Jan, 2026 |
Total Interest Paid: |
$351.18 |
Total Payment: |
$2,851.18 |
24.99% APR on $2500 Amortization Schedule |
||||||
Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|
Feb, 2025 | 1 | $52.06 | $185.54 | $237.60 | $2,314.46 | |
Mar, 2025 | 2 | $48.20 | $189.40 | $237.60 | $2,125.06 | |
Apr, 2025 | 3 | $44.25 | $193.34 | $237.60 | $1,931.72 | |
May, 2025 | 4 | $40.23 | $197.37 | $237.60 | $1,734.35 | |
Jun, 2025 | 5 | $36.12 | $201.48 | $237.60 | $1,532.87 | |
Jul, 2025 | 6 | $31.92 | $205.68 | $237.60 | $1,327.19 | |
Aug, 2025 | 7 | $27.64 | $209.96 | $237.60 | $1,117.23 | |
Sep, 2025 | 8 | $23.27 | $214.33 | $237.60 | $902.90 | |
Oct, 2025 | 9 | $18.80 | $218.80 | $237.60 | $684.11 | |
Nov, 2025 | 10 | $14.25 | $223.35 | $237.60 | $460.75 | |
Dec, 2025 | 11 | $9.60 | $228.00 | $237.60 | $232.75 | |
Jan, 2026 | 12 | $4.85 | $232.75 | $237.60 | $0.00 |
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