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The monthly payment is $171.95 for a $1,800 loan with a 26% APR. The loan or credit card debt will cost $263.45 in interest payments for the first 12 months.
26% APR on $1800 Results |
|
APR |
26.0010% |
Total Financial Charges: |
$263.45 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$1,800.00 |
Loan Amount: |
$1,800.00 |
Monthly Payment: |
$171.95 |
Total # Of Payments: |
12 |
Start Date: |
Nov, 2024 |
Payoff Date: |
Oct, 2025 |
Total Interest Paid: |
$263.45 |
Total Payment: |
$2,063.45 |
26% APR on $1800 Amortization Schedule |
||||||
Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|
Nov, 2024 | 1 | $39.00 | $132.95 | $171.95 | $1,667.05 | |
Dec, 2024 | 2 | $36.12 | $135.83 | $171.95 | $1,531.21 | |
Jan, 2025 | 3 | $33.18 | $138.78 | $171.95 | $1,392.43 | |
Feb, 2025 | 4 | $30.17 | $141.78 | $171.95 | $1,250.65 | |
Mar, 2025 | 5 | $27.10 | $144.86 | $171.95 | $1,105.79 | |
Apr, 2025 | 6 | $23.96 | $148.00 | $171.95 | $957.80 | |
May, 2025 | 7 | $20.75 | $151.20 | $171.95 | $806.59 | |
Jun, 2025 | 8 | $17.48 | $154.48 | $171.95 | $652.12 | |
Jul, 2025 | 9 | $14.13 | $157.83 | $171.95 | $494.29 | |
Aug, 2025 | 10 | $10.71 | $161.24 | $171.95 | $333.05 | |
Sep, 2025 | 11 | $7.22 | $164.74 | $171.95 | $168.31 | |
Oct, 2025 | 12 | $3.65 | $168.31 | $171.95 | $0.00 |
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