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Loan | Mortgage | Car | Commercial | Student | Biweekly | Extra Payments | Payoff | Excel |
The monthly payment is $285.12 for a $3,000 loan with a 24.99% APR. The loan or credit card debt will cost $421.42 in interest payments for the first 12 months.
24.99% APR on $3000 Results |
|
APR |
24.9901% |
Total Financial Charges: |
$421.42 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$3,000.00 |
Loan Amount: |
$3,000.00 |
Monthly Payment: |
$285.12 |
Total # Of Payments: |
12 |
Start Date: |
Mar, 2025 |
Payoff Date: |
Feb, 2026 |
Total Interest Paid: |
$421.42 |
Total Payment: |
$3,421.42 |
24.99% APR on $3000 Amortization Schedule |
||||||
Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|
Mar, 2025 | 1 | $62.48 | $222.64 | $285.12 | $2,777.36 | |
Apr, 2025 | 2 | $57.84 | $227.28 | $285.12 | $2,550.08 | |
May, 2025 | 3 | $53.11 | $232.01 | $285.12 | $2,318.06 | |
Jun, 2025 | 4 | $48.27 | $236.84 | $285.12 | $2,081.22 | |
Jul, 2025 | 5 | $43.34 | $241.78 | $285.12 | $1,839.44 | |
Aug, 2025 | 6 | $38.31 | $246.81 | $285.12 | $1,592.63 | |
Sep, 2025 | 7 | $33.17 | $251.95 | $285.12 | $1,340.68 | |
Oct, 2025 | 8 | $27.92 | $257.20 | $285.12 | $1,083.48 | |
Nov, 2025 | 9 | $22.56 | $262.55 | $285.12 | $820.93 | |
Dec, 2025 | 10 | $17.10 | $268.02 | $285.12 | $552.91 | |
Jan, 2026 | 11 | $11.51 | $273.60 | $285.12 | $279.30 | |
Feb, 2026 | 12 | $5.82 | $279.30 | $285.12 | $0.00 |
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