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Loan | Mortgage | Car | Commercial | Student | Biweekly | Extra Payments | Payoff | Excel |
The monthly payment is $807.83 for a $8,500 loan with a 24.99% APR. The loan or credit card debt will cost $1,194.01 in interest payments for the first 12 months.
24.99% APR on $8500 Results |
|
APR |
24.9901% |
Total Financial Charges: |
$1,194.01 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$8,500.00 |
Loan Amount: |
$8,500.00 |
Monthly Payment: |
$807.83 |
Total # Of Payments: |
12 |
Start Date: |
Mar, 2025 |
Payoff Date: |
Feb, 2026 |
Total Interest Paid: |
$1,194.01 |
Total Payment: |
$9,694.01 |
24.99% APR on $8500 Amortization Schedule |
||||||
Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|
Mar, 2025 | 1 | $177.01 | $630.82 | $807.83 | $7,869.18 | |
Apr, 2025 | 2 | $163.88 | $643.96 | $807.83 | $7,225.22 | |
May, 2025 | 3 | $150.47 | $657.37 | $807.83 | $6,567.85 | |
Jun, 2025 | 4 | $136.78 | $671.06 | $807.83 | $5,896.79 | |
Jul, 2025 | 5 | $122.80 | $685.03 | $807.83 | $5,211.76 | |
Aug, 2025 | 6 | $108.53 | $699.30 | $807.83 | $4,512.46 | |
Sep, 2025 | 7 | $93.97 | $713.86 | $807.83 | $3,798.59 | |
Oct, 2025 | 8 | $79.11 | $728.73 | $807.83 | $3,069.87 | |
Nov, 2025 | 9 | $63.93 | $743.90 | $807.83 | $2,325.96 | |
Dec, 2025 | 10 | $48.44 | $759.40 | $807.83 | $1,566.57 | |
Jan, 2026 | 11 | $32.62 | $775.21 | $807.83 | $791.35 | |
Feb, 2026 | 12 | $16.48 | $791.35 | $807.83 | $0.00 |
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