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The monthly payment is $47.76 for a $500 loan with a 25.99% APR. The loan or credit card debt will cost $73.15 in interest payments for the first 12 months.
25.99% APR on $500 Results |
|
APR |
25.9869% |
Total Financial Charges: |
$73.15 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$500.00 |
Loan Amount: |
$500.00 |
Monthly Payment: |
$47.76 |
Total # Of Payments: |
12 |
Start Date: |
Dec, 2024 |
Payoff Date: |
Nov, 2025 |
Total Interest Paid: |
$73.15 |
Total Payment: |
$573.15 |
25.99% APR on $500 Amortization Schedule |
||||||
Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|
Dec, 2024 | 1 | $10.83 | $36.93 | $47.76 | $463.07 | |
Jan, 2025 | 2 | $10.03 | $37.73 | $47.76 | $425.33 | |
Feb, 2025 | 3 | $9.21 | $38.55 | $47.76 | $386.78 | |
Mar, 2025 | 4 | $8.38 | $39.39 | $47.76 | $347.40 | |
Apr, 2025 | 5 | $7.52 | $40.24 | $47.76 | $307.16 | |
May, 2025 | 6 | $6.65 | $41.11 | $47.76 | $266.05 | |
Jun, 2025 | 7 | $5.76 | $42.00 | $47.76 | $224.05 | |
Jul, 2025 | 8 | $4.85 | $42.91 | $47.76 | $181.14 | |
Aug, 2025 | 9 | $3.92 | $43.84 | $47.76 | $137.30 | |
Sep, 2025 | 10 | $2.97 | $44.79 | $47.76 | $92.51 | |
Oct, 2025 | 11 | $2.00 | $45.76 | $47.76 | $46.75 | |
Nov, 2025 | 12 | $1.01 | $46.75 | $47.76 | $0.00 |
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