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The monthly payment is $28.51 for a $300 loan with a 24.99% APR. The loan or credit card debt will cost $42.14 in interest payments for the first 12 months.
24.99% APR on $300 Results |
|
APR |
24.9936% |
Total Financial Charges: |
$42.14 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$300.00 |
Loan Amount: |
$300.00 |
Monthly Payment: |
$28.51 |
Total # Of Payments: |
12 |
Start Date: |
Dec, 2024 |
Payoff Date: |
Nov, 2025 |
Total Interest Paid: |
$42.14 |
Total Payment: |
$342.14 |
24.99% APR on $300 Amortization Schedule |
||||||
Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|
Dec, 2024 | 1 | $6.25 | $22.26 | $28.51 | $277.74 | |
Jan, 2025 | 2 | $5.78 | $22.73 | $28.51 | $255.01 | |
Feb, 2025 | 3 | $5.31 | $23.20 | $28.51 | $231.81 | |
Mar, 2025 | 4 | $4.83 | $23.68 | $28.51 | $208.12 | |
Apr, 2025 | 5 | $4.33 | $24.18 | $28.51 | $183.94 | |
May, 2025 | 6 | $3.83 | $24.68 | $28.51 | $159.26 | |
Jun, 2025 | 7 | $3.32 | $25.20 | $28.51 | $134.07 | |
Jul, 2025 | 8 | $2.79 | $25.72 | $28.51 | $108.35 | |
Aug, 2025 | 9 | $2.26 | $26.26 | $28.51 | $82.09 | |
Sep, 2025 | 10 | $1.71 | $26.80 | $28.51 | $55.29 | |
Oct, 2025 | 11 | $1.15 | $27.36 | $28.51 | $27.93 | |
Nov, 2025 | 12 | $0.58 | $27.93 | $28.51 | $0.00 |
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