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The monthly payment is $114.63 for a $1,200 loan with a 25.99% APR. The loan or credit card debt will cost $175.56 in interest payments for the first 12 months.
25.99% APR on $1200 Results |
|
APR |
25.9906% |
Total Financial Charges: |
$175.56 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$1,200.00 |
Loan Amount: |
$1,200.00 |
Monthly Payment: |
$114.63 |
Total # Of Payments: |
12 |
Start Date: |
Nov, 2024 |
Payoff Date: |
Oct, 2025 |
Total Interest Paid: |
$175.56 |
Total Payment: |
$1,375.56 |
25.99% APR on $1200 Amortization Schedule |
||||||
Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|
Nov, 2024 | 1 | $25.99 | $88.64 | $114.63 | $1,111.36 | |
Dec, 2024 | 2 | $24.07 | $90.56 | $114.63 | $1,020.80 | |
Jan, 2025 | 3 | $22.11 | $92.52 | $114.63 | $928.28 | |
Feb, 2025 | 4 | $20.10 | $94.53 | $114.63 | $833.75 | |
Mar, 2025 | 5 | $18.06 | $96.57 | $114.63 | $737.18 | |
Apr, 2025 | 6 | $15.97 | $98.66 | $114.63 | $638.52 | |
May, 2025 | 7 | $13.83 | $100.80 | $114.63 | $537.71 | |
Jun, 2025 | 8 | $11.65 | $102.98 | $114.63 | $434.73 | |
Jul, 2025 | 9 | $9.42 | $105.21 | $114.63 | $329.52 | |
Aug, 2025 | 10 | $7.14 | $107.49 | $114.63 | $222.02 | |
Sep, 2025 | 11 | $4.81 | $109.82 | $114.63 | $112.20 | |
Oct, 2025 | 12 | $2.43 | $112.20 | $114.63 | $0.00 |
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