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The monthly payment is $145.49 for a $1,500 loan with a 28.99% APR. The loan or credit card debt will cost $245.84 in interest payments for the first 12 months.
28.99% APR on $1500 Results |
|
APR |
28.9893% |
Total Financial Charges: |
$245.84 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$1,500.00 |
Loan Amount: |
$1,500.00 |
Monthly Payment: |
$145.49 |
Total # Of Payments: |
12 |
Start Date: |
Nov, 2024 |
Payoff Date: |
Oct, 2025 |
Total Interest Paid: |
$245.84 |
Total Payment: |
$1,745.84 |
28.99% APR on $1500 Amortization Schedule |
||||||
Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|
Nov, 2024 | 1 | $36.24 | $109.25 | $145.49 | $1,390.75 | |
Dec, 2024 | 2 | $33.60 | $111.89 | $145.49 | $1,278.86 | |
Jan, 2025 | 3 | $30.90 | $114.59 | $145.49 | $1,164.27 | |
Feb, 2025 | 4 | $28.13 | $117.36 | $145.49 | $1,046.91 | |
Mar, 2025 | 5 | $25.29 | $120.19 | $145.49 | $926.72 | |
Apr, 2025 | 6 | $22.39 | $123.10 | $145.49 | $803.62 | |
May, 2025 | 7 | $19.41 | $126.07 | $145.49 | $677.55 | |
Jun, 2025 | 8 | $16.37 | $129.12 | $145.49 | $548.43 | |
Jul, 2025 | 9 | $13.25 | $132.24 | $145.49 | $416.19 | |
Aug, 2025 | 10 | $10.05 | $135.43 | $145.49 | $280.76 | |
Sep, 2025 | 11 | $6.78 | $138.70 | $145.49 | $142.05 | |
Oct, 2025 | 12 | $3.43 | $142.05 | $145.49 | $0.00 |
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