Loan | Mortgage | Car | Commercial | Student | Biweekly | Extra Payments | Payoff | Excel |
The monthly payment is $764.20 for a $8,000 loan with a 25.99% APR. The loan or credit card debt will cost $1,170.43 in interest payments for the first 12 months.
25.99% APR on $8000 Results |
|
APR |
25.9901% |
Total Financial Charges: |
$1,170.43 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$8,000.00 |
Loan Amount: |
$8,000.00 |
Monthly Payment: |
$764.20 |
Total # Of Payments: |
12 |
Start Date: |
Nov, 2024 |
Payoff Date: |
Oct, 2025 |
Total Interest Paid: |
$1,170.43 |
Total Payment: |
$9,170.43 |
25.99% APR on $8000 Amortization Schedule |
||||||
Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|
Nov, 2024 | 1 | $173.27 | $590.94 | $764.20 | $7,409.06 | |
Dec, 2024 | 2 | $160.47 | $603.73 | $764.20 | $6,805.33 | |
Jan, 2025 | 3 | $147.39 | $616.81 | $764.20 | $6,188.52 | |
Feb, 2025 | 4 | $134.03 | $630.17 | $764.20 | $5,558.35 | |
Mar, 2025 | 5 | $120.38 | $643.82 | $764.20 | $4,914.53 | |
Apr, 2025 | 6 | $106.44 | $657.76 | $764.20 | $4,256.77 | |
May, 2025 | 7 | $92.19 | $672.01 | $764.20 | $3,584.76 | |
Jun, 2025 | 8 | $77.64 | $686.56 | $764.20 | $2,898.20 | |
Jul, 2025 | 9 | $62.77 | $701.43 | $764.20 | $2,196.77 | |
Aug, 2025 | 10 | $47.58 | $716.62 | $764.20 | $1,480.15 | |
Sep, 2025 | 11 | $32.06 | $732.14 | $764.20 | $748.00 | |
Oct, 2025 | 12 | $16.20 | $748.00 | $764.20 | $0.00 |
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