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The monthly payment is $143.30 for a $1,500 loan with a 26% APR. The loan or credit card debt will cost $219.54 in interest payments for the first 12 months.
26% APR on $1500 Results |
|
APR |
26.0010% |
Total Financial Charges: |
$219.54 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$1,500.00 |
Loan Amount: |
$1,500.00 |
Monthly Payment: |
$143.30 |
Total # Of Payments: |
12 |
Start Date: |
Nov, 2024 |
Payoff Date: |
Oct, 2025 |
Total Interest Paid: |
$219.54 |
Total Payment: |
$1,719.54 |
26% APR on $1500 Amortization Schedule |
||||||
Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|
Nov, 2024 | 1 | $32.50 | $110.80 | $143.30 | $1,389.20 | |
Dec, 2024 | 2 | $30.10 | $113.20 | $143.30 | $1,276.01 | |
Jan, 2025 | 3 | $27.65 | $115.65 | $143.30 | $1,160.36 | |
Feb, 2025 | 4 | $25.14 | $118.15 | $143.30 | $1,042.21 | |
Mar, 2025 | 5 | $22.58 | $120.71 | $143.30 | $921.49 | |
Apr, 2025 | 6 | $19.97 | $123.33 | $143.30 | $798.16 | |
May, 2025 | 7 | $17.29 | $126.00 | $143.30 | $672.16 | |
Jun, 2025 | 8 | $14.56 | $128.73 | $143.30 | $543.43 | |
Jul, 2025 | 9 | $11.77 | $131.52 | $143.30 | $411.91 | |
Aug, 2025 | 10 | $8.92 | $134.37 | $143.30 | $277.54 | |
Sep, 2025 | 11 | $6.01 | $137.28 | $143.30 | $140.26 | |
Oct, 2025 | 12 | $3.04 | $140.26 | $143.30 | $0.00 |
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