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The monthly payment is $96.01 for a $1,000 loan with a 26.99% APR. The loan or credit card debt will cost $152.15 in interest payments for the first 12 months.
26.99% APR on $1000 Results |
|
APR |
26.9910% |
Total Financial Charges: |
$152.15 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$1,000.00 |
Loan Amount: |
$1,000.00 |
Monthly Payment: |
$96.01 |
Total # Of Payments: |
12 |
Start Date: |
Nov, 2024 |
Payoff Date: |
Oct, 2025 |
Total Interest Paid: |
$152.15 |
Total Payment: |
$1,152.15 |
26.99% APR on $1000 Amortization Schedule |
||||||
Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|
Nov, 2024 | 1 | $22.49 | $73.52 | $96.01 | $926.48 | |
Dec, 2024 | 2 | $20.84 | $75.17 | $96.01 | $851.30 | |
Jan, 2025 | 3 | $19.15 | $76.87 | $96.01 | $774.44 | |
Feb, 2025 | 4 | $17.42 | $78.59 | $96.01 | $695.85 | |
Mar, 2025 | 5 | $15.65 | $80.36 | $96.01 | $615.48 | |
Apr, 2025 | 6 | $13.84 | $82.17 | $96.01 | $533.31 | |
May, 2025 | 7 | $12.00 | $84.02 | $96.01 | $449.30 | |
Jun, 2025 | 8 | $10.11 | $85.91 | $96.01 | $363.39 | |
Jul, 2025 | 9 | $8.17 | $87.84 | $96.01 | $275.55 | |
Aug, 2025 | 10 | $6.20 | $89.81 | $96.01 | $185.74 | |
Sep, 2025 | 11 | $4.18 | $91.84 | $96.01 | $93.90 | |
Oct, 2025 | 12 | $2.11 | $93.90 | $96.01 | $0.00 |
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