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The monthly payment is $28.66 for a $300 loan with a 26% APR. The loan or credit card debt will cost $43.91 in interest payments for the first 12 months.
26% APR on $300 Results |
|
APR |
25.9973% |
Total Financial Charges: |
$43.91 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$300.00 |
Loan Amount: |
$300.00 |
Monthly Payment: |
$28.66 |
Total # Of Payments: |
12 |
Start Date: |
Nov, 2024 |
Payoff Date: |
Oct, 2025 |
Total Interest Paid: |
$43.91 |
Total Payment: |
$343.91 |
26% APR on $300 Amortization Schedule |
||||||
Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|
Nov, 2024 | 1 | $6.50 | $22.16 | $28.66 | $277.84 | |
Dec, 2024 | 2 | $6.02 | $22.64 | $28.66 | $255.20 | |
Jan, 2025 | 3 | $5.53 | $23.13 | $28.66 | $232.07 | |
Feb, 2025 | 4 | $5.03 | $23.63 | $28.66 | $208.44 | |
Mar, 2025 | 5 | $4.52 | $24.14 | $28.66 | $184.30 | |
Apr, 2025 | 6 | $3.99 | $24.67 | $28.66 | $159.63 | |
May, 2025 | 7 | $3.46 | $25.20 | $28.66 | $134.43 | |
Jun, 2025 | 8 | $2.91 | $25.75 | $28.66 | $108.69 | |
Jul, 2025 | 9 | $2.35 | $26.30 | $28.66 | $82.38 | |
Aug, 2025 | 10 | $1.78 | $26.87 | $28.66 | $55.51 | |
Sep, 2025 | 11 | $1.20 | $27.46 | $28.66 | $28.05 | |
Oct, 2025 | 12 | $0.61 | $28.05 | $28.66 | $0.00 |
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