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The monthly payment is $19.01 for a $200 loan with a 25% APR. The loan or credit card debt will cost $28.11 in interest payments for the first 12 months.
25% APR on $200 Results |
|
APR |
25.0040% |
Total Financial Charges: |
$28.11 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$200.00 |
Loan Amount: |
$200.00 |
Monthly Payment: |
$19.01 |
Total # Of Payments: |
12 |
Start Date: |
Nov, 2024 |
Payoff Date: |
Oct, 2025 |
Total Interest Paid: |
$28.11 |
Total Payment: |
$228.11 |
25% APR on $200 Amortization Schedule |
||||||
Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|
Nov, 2024 | 1 | $4.17 | $14.84 | $19.01 | $185.16 | |
Dec, 2024 | 2 | $3.86 | $15.15 | $19.01 | $170.01 | |
Jan, 2025 | 3 | $3.54 | $15.47 | $19.01 | $154.54 | |
Feb, 2025 | 4 | $3.22 | $15.79 | $19.01 | $138.75 | |
Mar, 2025 | 5 | $2.89 | $16.12 | $19.01 | $122.63 | |
Apr, 2025 | 6 | $2.55 | $16.45 | $19.01 | $106.18 | |
May, 2025 | 7 | $2.21 | $16.80 | $19.01 | $89.38 | |
Jun, 2025 | 8 | $1.86 | $17.15 | $19.01 | $72.23 | |
Jul, 2025 | 9 | $1.50 | $17.50 | $19.01 | $54.73 | |
Aug, 2025 | 10 | $1.14 | $17.87 | $19.01 | $36.86 | |
Sep, 2025 | 11 | $0.77 | $18.24 | $19.01 | $18.62 | |
Oct, 2025 | 12 | $0.39 | $18.62 | $19.01 | $0.00 |
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