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How Much is 28.99% APR on $1000?
The monthly payment is $96.99 for a $1,000 loan with a 28.99% APR. The loan or credit card debt will cost $163.89 in interest payments for the first 12 months.
28.99% APR on $1000 Results |
|
APR |
28.9914% |
Total Financial Charges: |
$163.89 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$1,000.00 |
Loan Amount: |
$1,000.00 |
Monthly Payment: |
$96.99 |
Total # Of Payments: |
12 |
Start Date: |
Nov, 2024 |
Payoff Date: |
Oct, 2025 |
Total Interest Paid: |
$163.89 |
Total Payment: |
$1,163.89 |
28.99% APR on $1000 Amortization Schedule |
||||||
| Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
|---|---|---|---|---|---|---|
| Nov, 2024 | 1 | $24.16 | $72.83 | $96.99 | $927.17 | |
| Dec, 2024 | 2 | $22.40 | $74.59 | $96.99 | $852.58 | |
| Jan, 2025 | 3 | $20.60 | $76.39 | $96.99 | $776.18 | |
| Feb, 2025 | 4 | $18.75 | $78.24 | $96.99 | $697.94 | |
| Mar, 2025 | 5 | $16.86 | $80.13 | $96.99 | $617.81 | |
| Apr, 2025 | 6 | $14.93 | $82.07 | $96.99 | $535.75 | |
| May, 2025 | 7 | $12.94 | $84.05 | $96.99 | $451.70 | |
| Jun, 2025 | 8 | $10.91 | $86.08 | $96.99 | $365.62 | |
| Jul, 2025 | 9 | $8.83 | $88.16 | $96.99 | $277.46 | |
| Aug, 2025 | 10 | $6.70 | $90.29 | $96.99 | $187.17 | |
| Sep, 2025 | 11 | $4.52 | $92.47 | $96.99 | $94.70 | |
| Oct, 2025 | 12 | $2.29 | $94.70 | $96.99 | $0.00 | |
how much is 28.99% apr on $1100
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