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The monthly payment is $9.60 for a $100 loan with a 26.99% APR. The loan or credit card debt will cost $15.22 in interest payments for the first 12 months.
26.99% APR on $100 Results |
|
APR |
26.9795% |
Total Financial Charges: |
$15.22 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$100.00 |
Loan Amount: |
$100.00 |
Monthly Payment: |
$9.60 |
Total # Of Payments: |
12 |
Start Date: |
Nov, 2024 |
Payoff Date: |
Oct, 2025 |
Total Interest Paid: |
$15.22 |
Total Payment: |
$115.22 |
26.99% APR on $100 Amortization Schedule |
||||||
Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|
Nov, 2024 | 1 | $2.25 | $7.35 | $9.60 | $92.65 | |
Dec, 2024 | 2 | $2.08 | $7.52 | $9.60 | $85.13 | |
Jan, 2025 | 3 | $1.91 | $7.69 | $9.60 | $77.44 | |
Feb, 2025 | 4 | $1.74 | $7.86 | $9.60 | $69.58 | |
Mar, 2025 | 5 | $1.57 | $8.04 | $9.60 | $61.55 | |
Apr, 2025 | 6 | $1.38 | $8.22 | $9.60 | $53.33 | |
May, 2025 | 7 | $1.20 | $8.40 | $9.60 | $44.93 | |
Jun, 2025 | 8 | $1.01 | $8.59 | $9.60 | $36.34 | |
Jul, 2025 | 9 | $0.82 | $8.78 | $9.60 | $27.56 | |
Aug, 2025 | 10 | $0.62 | $8.98 | $9.60 | $18.57 | |
Sep, 2025 | 11 | $0.42 | $9.18 | $9.60 | $9.39 | |
Oct, 2025 | 12 | $0.21 | $9.39 | $9.60 | $0.00 |
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