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The monthly payment is $28.81 for a $300 loan with a 27% APR. The loan or credit card debt will cost $45.66 in interest payments for the first 12 months.
27% APR on $300 Results |
|
APR |
27.0052% |
Total Financial Charges: |
$45.66 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$300.00 |
Loan Amount: |
$300.00 |
Monthly Payment: |
$28.81 |
Total # Of Payments: |
12 |
Start Date: |
Dec, 2024 |
Payoff Date: |
Nov, 2025 |
Total Interest Paid: |
$45.66 |
Total Payment: |
$345.66 |
27% APR on $300 Amortization Schedule |
||||||
Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|
Dec, 2024 | 1 | $6.75 | $22.06 | $28.81 | $277.94 | |
Jan, 2025 | 2 | $6.25 | $22.55 | $28.81 | $255.39 | |
Feb, 2025 | 3 | $5.75 | $23.06 | $28.81 | $232.33 | |
Mar, 2025 | 4 | $5.23 | $23.58 | $28.81 | $208.76 | |
Apr, 2025 | 5 | $4.70 | $24.11 | $28.81 | $184.65 | |
May, 2025 | 6 | $4.15 | $24.65 | $28.81 | $160.00 | |
Jun, 2025 | 7 | $3.60 | $25.21 | $28.81 | $134.79 | |
Jul, 2025 | 8 | $3.03 | $25.77 | $28.81 | $109.02 | |
Aug, 2025 | 9 | $2.45 | $26.35 | $28.81 | $82.67 | |
Sep, 2025 | 10 | $1.86 | $26.95 | $28.81 | $55.72 | |
Oct, 2025 | 11 | $1.25 | $27.55 | $28.81 | $28.17 | |
Nov, 2025 | 12 | $0.63 | $28.17 | $28.81 | $0.00 |
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