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How Much is 25% APR on $300?
The monthly payment is $28.51 for a $300 loan with a 25% APR. The loan or credit card debt will cost $42.16 in interest payments for the first 12 months.
25% APR on $300 Results |
|
APR |
25.0040% |
Total Financial Charges: |
$42.16 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$300.00 |
Loan Amount: |
$300.00 |
Monthly Payment: |
$28.51 |
Total # Of Payments: |
12 |
Start Date: |
May, 2024 |
Payoff Date: |
Apr, 2025 |
Total Interest Paid: |
$42.16 |
Total Payment: |
$342.16 |
25% APR on $300 Amortization Schedule |
||||||
| Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
|---|---|---|---|---|---|---|
| May, 2024 | 1 | $6.25 | $22.26 | $28.51 | $277.74 | |
| Jun, 2024 | 2 | $5.79 | $22.73 | $28.51 | $255.01 | |
| Jul, 2024 | 3 | $5.31 | $23.20 | $28.51 | $231.81 | |
| Aug, 2024 | 4 | $4.83 | $23.68 | $28.51 | $208.13 | |
| Sep, 2024 | 5 | $4.34 | $24.18 | $28.51 | $183.95 | |
| Oct, 2024 | 6 | $3.83 | $24.68 | $28.51 | $159.27 | |
| Nov, 2024 | 7 | $3.32 | $25.20 | $28.51 | $134.07 | |
| Dec, 2024 | 8 | $2.79 | $25.72 | $28.51 | $108.35 | |
| Jan, 2025 | 9 | $2.26 | $26.26 | $28.51 | $82.10 | |
| Feb, 2025 | 10 | $1.71 | $26.80 | $28.51 | $55.29 | |
| Mar, 2025 | 11 | $1.15 | $27.36 | $28.51 | $27.93 | |
| Apr, 2025 | 12 | $0.58 | $27.93 | $28.51 | $0.00 | |
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