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The monthly payment is $144.75 for a $1,500 loan with a 27.99% APR. The loan or credit card debt will cost $237.02 in interest payments for the first 12 months.
27.99% APR on $1500 Results |
|
APR |
27.9913% |
Total Financial Charges: |
$237.02 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$1,500.00 |
Loan Amount: |
$1,500.00 |
Monthly Payment: |
$144.75 |
Total # Of Payments: |
12 |
Start Date: |
Dec, 2024 |
Payoff Date: |
Nov, 2025 |
Total Interest Paid: |
$237.02 |
Total Payment: |
$1,737.02 |
27.99% APR on $1500 Amortization Schedule |
||||||
Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|
Dec, 2024 | 1 | $34.99 | $109.76 | $144.75 | $1,390.24 | |
Jan, 2025 | 2 | $32.43 | $112.32 | $144.75 | $1,277.91 | |
Feb, 2025 | 3 | $29.81 | $114.94 | $144.75 | $1,162.97 | |
Mar, 2025 | 4 | $27.13 | $117.63 | $144.75 | $1,045.34 | |
Apr, 2025 | 5 | $24.38 | $120.37 | $144.75 | $924.97 | |
May, 2025 | 6 | $21.57 | $123.18 | $144.75 | $801.80 | |
Jun, 2025 | 7 | $18.70 | $126.05 | $144.75 | $675.75 | |
Jul, 2025 | 8 | $15.76 | $128.99 | $144.75 | $546.76 | |
Aug, 2025 | 9 | $12.75 | $132.00 | $144.75 | $414.76 | |
Sep, 2025 | 10 | $9.67 | $135.08 | $144.75 | $279.68 | |
Oct, 2025 | 11 | $6.52 | $138.23 | $144.75 | $141.45 | |
Nov, 2025 | 12 | $3.30 | $141.45 | $144.75 | $0.00 |
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