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How Much is 28.99% APR on $1200?


The monthly payment is $116.39 for a $1,200 loan with a 28.99% APR. The loan or credit card debt will cost $196.67 in interest payments for the first 12 months.

28.99% APR on $1200 Calculator

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

28.99% APR on $1200 Results

APR
28.9914%
Total Financial Charges:
$196.67
Total Financing Fees:
$0.00
Financed Amount:
$1,200.00
Loan Amount:
$1,200.00
Monthly Payment:
$116.39
Total # Of Payments:
12
Start Date:
Nov, 2024
Payoff Date:
Oct, 2025
Total Interest Paid:
$196.67
Total Payment:
$1,396.67

28.99% APR on $1200 Amortization Schedule

Payment Date Payment # Interest Paid Principal Paid Total Payment Remaining Balance
Nov, 2024 1 $28.99 $87.40 $116.39 $1,112.60
Dec, 2024 2 $26.88 $89.51 $116.39 $1,023.09
Jan, 2025 3 $24.72 $91.67 $116.39 $931.42
Feb, 2025 4 $22.50 $93.89 $116.39 $837.53
Mar, 2025 5 $20.23 $96.16 $116.39 $741.37
Apr, 2025 6 $17.91 $98.48 $116.39 $642.89
May, 2025 7 $15.53 $100.86 $116.39 $542.04
Jun, 2025 8 $13.09 $103.29 $116.39 $438.74
Jul, 2025 9 $10.60 $105.79 $116.39 $332.95
Aug, 2025 10 $8.04 $108.35 $116.39 $224.61
Sep, 2025 11 $5.43 $110.96 $116.39 $113.64
Oct, 2025 12 $2.75 $113.64 $116.39 $0.00



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