Loan | Mortgage | Car | Commercial | Student | Biweekly | Extra Payments | Payoff | Excel |
The monthly payment is $824.42 for a $8,500 loan with a 28.99% APR. The loan or credit card debt will cost $1,393.08 in interest payments for the first 12 months.
28.99% APR on $8500 Results |
|
APR |
28.9898% |
Total Financial Charges: |
$1,393.08 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$8,500.00 |
Loan Amount: |
$8,500.00 |
Monthly Payment: |
$824.42 |
Total # Of Payments: |
12 |
Start Date: |
Nov, 2024 |
Payoff Date: |
Oct, 2025 |
Total Interest Paid: |
$1,393.08 |
Total Payment: |
$9,893.08 |
28.99% APR on $8500 Amortization Schedule |
||||||
Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|
Nov, 2024 | 1 | $205.35 | $619.08 | $824.42 | $7,880.92 | |
Dec, 2024 | 2 | $190.39 | $634.03 | $824.42 | $7,246.89 | |
Jan, 2025 | 3 | $175.07 | $649.35 | $824.42 | $6,597.54 | |
Feb, 2025 | 4 | $159.39 | $665.04 | $824.42 | $5,932.50 | |
Mar, 2025 | 5 | $143.32 | $681.10 | $824.42 | $5,251.40 | |
Apr, 2025 | 6 | $126.86 | $697.56 | $824.42 | $4,553.84 | |
May, 2025 | 7 | $110.01 | $714.41 | $824.42 | $3,839.43 | |
Jun, 2025 | 8 | $92.75 | $731.67 | $824.42 | $3,107.76 | |
Jul, 2025 | 9 | $75.08 | $749.35 | $824.42 | $2,358.41 | |
Aug, 2025 | 10 | $56.98 | $767.45 | $824.42 | $1,590.96 | |
Sep, 2025 | 11 | $38.44 | $785.99 | $824.42 | $804.98 | |
Oct, 2025 | 12 | $19.45 | $804.98 | $824.42 | $0.00 |
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