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How Much is 28% APR on $300?
The monthly payment is $28.95 for a $300 loan with a 28% APR. The loan or credit card debt will cost $47.42 in interest payments for the first 12 months.
28% APR on $300 Results |
|
APR |
27.9977% |
Total Financial Charges: |
$47.42 |
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: |
$47.42 |
Total Payment: |
$347.42 |
28% 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 | $232.60 | |
| Mar, 2025 | 4 | $5.43 | $23.52 | $28.95 | $209.07 | |
| Apr, 2025 | 5 | $4.88 | $24.07 | $28.95 | $185.00 | |
| May, 2025 | 6 | $4.32 | $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 | $1.94 | $27.02 | $28.95 | $55.94 | |
| Oct, 2025 | 11 | $1.31 | $27.65 | $28.95 | $28.29 | |
| Nov, 2025 | 12 | $0.66 | $28.29 | $28.95 | $0.00 | |
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how much is 28.99% apr on $300
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