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The monthly payment is $105.08 for a $1,100 loan with a 26% APR. The loan or credit card debt will cost $161.00 in interest payments for the first 12 months.
26% APR on $1100 Results |
|
APR |
26.0010% |
Total Financial Charges: |
$161.00 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$1,100.00 |
Loan Amount: |
$1,100.00 |
Monthly Payment: |
$105.08 |
Total # Of Payments: |
12 |
Start Date: |
Nov, 2024 |
Payoff Date: |
Oct, 2025 |
Total Interest Paid: |
$161.00 |
Total Payment: |
$1,261.00 |
26% APR on $1100 Amortization Schedule |
||||||
Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|
Nov, 2024 | 1 | $23.83 | $81.25 | $105.08 | $1,018.75 | |
Dec, 2024 | 2 | $22.07 | $83.01 | $105.08 | $935.74 | |
Jan, 2025 | 3 | $20.27 | $84.81 | $105.08 | $850.93 | |
Feb, 2025 | 4 | $18.44 | $86.65 | $105.08 | $764.28 | |
Mar, 2025 | 5 | $16.56 | $88.52 | $105.08 | $675.76 | |
Apr, 2025 | 6 | $14.64 | $90.44 | $105.08 | $585.32 | |
May, 2025 | 7 | $12.68 | $92.40 | $105.08 | $492.92 | |
Jun, 2025 | 8 | $10.68 | $94.40 | $105.08 | $398.52 | |
Jul, 2025 | 9 | $8.63 | $96.45 | $105.08 | $302.07 | |
Aug, 2025 | 10 | $6.54 | $98.54 | $105.08 | $203.53 | |
Sep, 2025 | 11 | $4.41 | $100.67 | $105.08 | $102.85 | |
Oct, 2025 | 12 | $2.23 | $102.85 | $105.08 | $0.00 |
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