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The monthly payment is $28.95 for a $300 loan with a 27.99% APR. The loan or credit card debt will cost $47.40 in interest payments for the first 12 months.
27.99% APR on $300 Results |
|
APR |
27.9873% |
Total Financial Charges: |
$47.40 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$300.00 |
Loan Amount: |
$300.00 |
Monthly Payment: |
$28.95 |
Total # Of Payments: |
12 |
Start Date: |
Dec, 2024 |
Payoff Date: |
Nov, 2025 |
Total Interest Paid: |
$47.40 |
Total Payment: |
$347.40 |
27.99% APR on $300 Amortization Schedule |
||||||
Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|
Dec, 2024 | 1 | $7.00 | $21.95 | $28.95 | $278.05 | |
Jan, 2025 | 2 | $6.49 | $22.46 | $28.95 | $255.58 | |
Feb, 2025 | 3 | $5.96 | $22.99 | $28.95 | $232.59 | |
Mar, 2025 | 4 | $5.43 | $23.53 | $28.95 | $209.07 | |
Apr, 2025 | 5 | $4.88 | $24.07 | $28.95 | $184.99 | |
May, 2025 | 6 | $4.31 | $24.64 | $28.95 | $160.36 | |
Jun, 2025 | 7 | $3.74 | $25.21 | $28.95 | $135.15 | |
Jul, 2025 | 8 | $3.15 | $25.80 | $28.95 | $109.35 | |
Aug, 2025 | 9 | $2.55 | $26.40 | $28.95 | $82.95 | |
Sep, 2025 | 10 | $1.93 | $27.02 | $28.95 | $55.94 | |
Oct, 2025 | 11 | $1.30 | $27.65 | $28.95 | $28.29 | |
Nov, 2025 | 12 | $0.66 | $28.29 | $28.95 | $0.00 |
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