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How Much is 26% APR on $1000?
The monthly payment is $95.53 for a $1,000 loan with a 26% APR. The loan or credit card debt will cost $146.36 in interest payments for the first 12 months.
26% APR on $1000 Results |
|
APR |
26.0010% |
Total Financial Charges: |
$146.36 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$1,000.00 |
Loan Amount: |
$1,000.00 |
Monthly Payment: |
$95.53 |
Total # Of Payments: |
12 |
Start Date: |
Nov, 2024 |
Payoff Date: |
Oct, 2025 |
Total Interest Paid: |
$146.36 |
Total Payment: |
$1,146.36 |
26% APR on $1000 Amortization Schedule |
||||||
| Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
|---|---|---|---|---|---|---|
| Nov, 2024 | 1 | $21.67 | $73.86 | $95.53 | $926.14 | |
| Dec, 2024 | 2 | $20.07 | $75.46 | $95.53 | $850.67 | |
| Jan, 2025 | 3 | $18.43 | $77.10 | $95.53 | $773.57 | |
| Feb, 2025 | 4 | $16.76 | $78.77 | $95.53 | $694.80 | |
| Mar, 2025 | 5 | $15.05 | $80.48 | $95.53 | $614.33 | |
| Apr, 2025 | 6 | $13.31 | $82.22 | $95.53 | $532.11 | |
| May, 2025 | 7 | $11.53 | $84.00 | $95.53 | $448.11 | |
| Jun, 2025 | 8 | $9.71 | $85.82 | $95.53 | $362.29 | |
| Jul, 2025 | 9 | $7.85 | $87.68 | $95.53 | $274.61 | |
| Aug, 2025 | 10 | $5.95 | $89.58 | $95.53 | $185.03 | |
| Sep, 2025 | 11 | $4.01 | $91.52 | $95.53 | $93.50 | |
| Oct, 2025 | 12 | $2.03 | $93.50 | $95.53 | $0.00 | |
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