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Loan | Mortgage | Car | Commercial | Student | Biweekly | Extra Payments | Payoff | Excel |
The monthly payment is $760.31 for a $8,000 loan with a 24.99% APR. The loan or credit card debt will cost $1,123.78 in interest payments for the first 12 months.
24.99% APR on $8000 Results |
|
APR |
24.9901% |
Total Financial Charges: |
$1,123.78 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$8,000.00 |
Loan Amount: |
$8,000.00 |
Monthly Payment: |
$760.31 |
Total # Of Payments: |
12 |
Start Date: |
Mar, 2025 |
Payoff Date: |
Feb, 2026 |
Total Interest Paid: |
$1,123.78 |
Total Payment: |
$9,123.78 |
24.99% APR on $8000 Amortization Schedule |
||||||
Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|
Mar, 2025 | 1 | $166.60 | $593.71 | $760.31 | $7,406.29 | |
Apr, 2025 | 2 | $154.24 | $606.08 | $760.31 | $6,800.21 | |
May, 2025 | 3 | $141.61 | $618.70 | $760.31 | $6,181.51 | |
Jun, 2025 | 4 | $128.73 | $631.58 | $760.31 | $5,549.92 | |
Jul, 2025 | 5 | $115.58 | $644.74 | $760.31 | $4,905.18 | |
Aug, 2025 | 6 | $102.15 | $658.16 | $760.31 | $4,247.02 | |
Sep, 2025 | 7 | $88.44 | $671.87 | $760.31 | $3,575.15 | |
Oct, 2025 | 8 | $74.45 | $685.86 | $760.31 | $2,889.29 | |
Nov, 2025 | 9 | $60.17 | $700.15 | $760.31 | $2,189.14 | |
Dec, 2025 | 10 | $45.59 | $714.73 | $760.31 | $1,474.41 | |
Jan, 2026 | 11 | $30.70 | $729.61 | $760.31 | $744.80 | |
Feb, 2026 | 12 | $15.51 | $744.80 | $760.31 | $0.00 |
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