| Loan | Mortgage | Car | Commercial | Student | Biweekly | Extra Payments | Payoff | Excel | 
The monthly payment is $96.50 for a $1,000 loan with a 27.99% APR. The loan or credit card debt will cost $158.01 in interest payments for the first 12 months.
27.99% APR on $1000 Results | 
        |
APR  | 
             27.9913% | 
Total Financial Charges:  | 
             $158.01 | 
Total Financing Fees:  | 
             $0.00 | 
Financed Amount:  | 
                $1,000.00 | 
Loan Amount:  |  
                $1,000.00 | 
Monthly Payment:  | 
                $96.50 | 
Total # Of Payments:  | 
                12 | 
Start Date:  | 
                Nov, 2025 | 
Payoff Date:  | 
                Oct, 2026 | 
Total Interest Paid:  | 
                $158.01 | 
Total Payment:  | 
                $1,158.01 | 
27.99% APR on $1000 Amortization Schedule | 
                 ||||||
| Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
|---|---|---|---|---|---|---|
| Nov, 2025 | 1 | $23.33 | $73.18 | $96.50 | $926.82 | |
| Dec, 2025 | 2 | $21.62 | $74.88 | $96.50 | $851.94 | |
| Jan, 2026 | 3 | $19.87 | $76.63 | $96.50 | $775.31 | |
| Feb, 2026 | 4 | $18.08 | $78.42 | $96.50 | $696.89 | |
| Mar, 2026 | 5 | $16.26 | $80.25 | $96.50 | $616.65 | |
| Apr, 2026 | 6 | $14.38 | $82.12 | $96.50 | $534.53 | |
| May, 2026 | 7 | $12.47 | $84.03 | $96.50 | $450.50 | |
| Jun, 2026 | 8 | $10.51 | $85.99 | $96.50 | $364.50 | |
| Jul, 2026 | 9 | $8.50 | $88.00 | $96.50 | $276.51 | |
| Aug, 2026 | 10 | $6.45 | $90.05 | $96.50 | $186.45 | |
| Sep, 2026 | 11 | $4.35 | $92.15 | $96.50 | $94.30 | |
| Oct, 2026 | 12 | $2.20 | $94.30 | $96.50 | $0.00 | |
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