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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 Calculator

Loan Amount
Loan Terms
months
Interest Rate
Financing Fees (added to loan)
Prepaid Financing Fees

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:
May, 2024
Payoff Date:
Apr, 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
May, 2024 1 $7.00 $21.95 $28.95 $278.05
Jun, 2024 2 $6.49 $22.46 $28.95 $255.58
Jul, 2024 3 $5.96 $22.99 $28.95 $232.60
Aug, 2024 4 $5.43 $23.52 $28.95 $209.07
Sep, 2024 5 $4.88 $24.07 $28.95 $185.00
Oct, 2024 6 $4.32 $24.64 $28.95 $160.36
Nov, 2024 7 $3.74 $25.21 $28.95 $135.15
Dec, 2024 8 $3.15 $25.80 $28.95 $109.35
Jan, 2025 9 $2.55 $26.40 $28.95 $82.95
Feb, 2025 10 $1.94 $27.02 $28.95 $55.94
Mar, 2025 11 $1.31 $27.65 $28.95 $28.29
Apr, 2025 12 $0.66 $28.29 $28.95 $0.00



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