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The monthly payment is $126.09 for a $1,300 loan with a 28.99% APR. The loan or credit card debt will cost $213.06 in interest payments for the first 12 months.
28.99% APR on $1300 Results |
|
APR |
28.9914% |
Total Financial Charges: |
$213.06 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$1,300.00 |
Loan Amount: |
$1,300.00 |
Monthly Payment: |
$126.09 |
Total # Of Payments: |
12 |
Start Date: |
Nov, 2024 |
Payoff Date: |
Oct, 2025 |
Total Interest Paid: |
$213.06 |
Total Payment: |
$1,513.06 |
28.99% APR on $1300 Amortization Schedule |
||||||
Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|
Nov, 2024 | 1 | $31.41 | $94.68 | $126.09 | $1,205.32 | |
Dec, 2024 | 2 | $29.12 | $96.97 | $126.09 | $1,108.35 | |
Jan, 2025 | 3 | $26.78 | $99.31 | $126.09 | $1,009.04 | |
Feb, 2025 | 4 | $24.38 | $101.71 | $126.09 | $907.32 | |
Mar, 2025 | 5 | $21.92 | $104.17 | $126.09 | $803.15 | |
Apr, 2025 | 6 | $19.40 | $106.69 | $126.09 | $696.47 | |
May, 2025 | 7 | $16.83 | $109.26 | $126.09 | $587.21 | |
Jun, 2025 | 8 | $14.19 | $111.90 | $126.09 | $475.30 | |
Jul, 2025 | 9 | $11.48 | $114.61 | $126.09 | $360.70 | |
Aug, 2025 | 10 | $8.71 | $117.37 | $126.09 | $243.32 | |
Sep, 2025 | 11 | $5.88 | $120.21 | $126.09 | $123.11 | |
Oct, 2025 | 12 | $2.97 | $123.11 | $126.09 | $0.00 |
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