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The monthly payment is $85.98 for a $900 loan with a 26% APR. The loan or credit card debt will cost $131.73 in interest payments for the first 12 months.
26% APR on $900 Results |
|
APR |
26.0010% |
Total Financial Charges: |
$131.73 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$900.00 |
Loan Amount: |
$900.00 |
Monthly Payment: |
$85.98 |
Total # Of Payments: |
12 |
Start Date: |
Nov, 2024 |
Payoff Date: |
Oct, 2025 |
Total Interest Paid: |
$131.73 |
Total Payment: |
$1,031.73 |
26% APR on $900 Amortization Schedule |
||||||
Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|
Nov, 2024 | 1 | $19.50 | $66.48 | $85.98 | $833.52 | |
Dec, 2024 | 2 | $18.06 | $67.92 | $85.98 | $765.61 | |
Jan, 2025 | 3 | $16.59 | $69.39 | $85.98 | $696.22 | |
Feb, 2025 | 4 | $15.08 | $70.89 | $85.98 | $625.32 | |
Mar, 2025 | 5 | $13.55 | $72.43 | $85.98 | $552.90 | |
Apr, 2025 | 6 | $11.98 | $74.00 | $85.98 | $478.90 | |
May, 2025 | 7 | $10.38 | $75.60 | $85.98 | $403.30 | |
Jun, 2025 | 8 | $8.74 | $77.24 | $85.98 | $326.06 | |
Jul, 2025 | 9 | $7.06 | $78.91 | $85.98 | $247.15 | |
Aug, 2025 | 10 | $5.35 | $80.62 | $85.98 | $166.52 | |
Sep, 2025 | 11 | $3.61 | $82.37 | $85.98 | $84.15 | |
Oct, 2025 | 12 | $1.82 | $84.15 | $85.98 | $0.00 |
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