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How Much is 29% APR on $300?
The monthly payment is $29.10 for a $300 loan with a 29% APR. The loan or credit card debt will cost $49.19 in interest payments for the first 12 months.
29% APR on $300 Results |
|
APR |
29.0059% |
Total Financial Charges: |
$49.19 |
Total Financing Fees: |
$0.00 |
Financed Amount: |
$300.00 |
Loan Amount: |
$300.00 |
Monthly Payment: |
$29.10 |
Total # Of Payments: |
12 |
Start Date: |
May, 2024 |
Payoff Date: |
Apr, 2025 |
Total Interest Paid: |
$49.19 |
Total Payment: |
$349.19 |
29% APR on $300 Amortization Schedule |
||||||
| Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
|---|---|---|---|---|---|---|
| May, 2024 | 1 | $7.25 | $21.85 | $29.10 | $278.15 | |
| Jun, 2024 | 2 | $6.72 | $22.38 | $29.10 | $255.77 | |
| Jul, 2024 | 3 | $6.18 | $22.92 | $29.10 | $232.86 | |
| Aug, 2024 | 4 | $5.63 | $23.47 | $29.10 | $209.39 | |
| Sep, 2024 | 5 | $5.06 | $24.04 | $29.10 | $185.35 | |
| Oct, 2024 | 6 | $4.48 | $24.62 | $29.10 | $160.73 | |
| Nov, 2024 | 7 | $3.88 | $25.21 | $29.10 | $135.51 | |
| Dec, 2024 | 8 | $3.27 | $25.82 | $29.10 | $109.69 | |
| Jan, 2025 | 9 | $2.65 | $26.45 | $29.10 | $83.24 | |
| Feb, 2025 | 10 | $2.01 | $27.09 | $29.10 | $56.15 | |
| Mar, 2025 | 11 | $1.36 | $27.74 | $29.10 | $28.41 | |
| Apr, 2025 | 12 | $0.69 | $28.41 | $29.10 | $0.00 | |
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