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| Loan | Mortgage | Car | Commercial | Student | Biweekly | Extra Payments | Payoff | Excel | 
The monthly payment is $29.25 for a $300 loan with a 30% APR. The loan or credit card debt will cost $50.95 in interest payments for the first 12 months.
| 30% APR on $300 Results | |
| APR | 29.9975% | 
| Total Financial Charges: | $50.95 | 
| Total Financing Fees: | $0.00 | 
| Financed Amount: | $300.00 | 
| Loan Amount: | $300.00 | 
| Monthly Payment: | $29.25 | 
| Total # Of Payments: | 12 | 
| Start Date: | Oct, 2025 | 
| Payoff Date: | Sep, 2026 | 
| Total Interest Paid: | $50.95 | 
| Total Payment: | $350.95 | 
| 30% APR on $300 Amortization Schedule | ||||||
| Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
|---|---|---|---|---|---|---|
| Oct, 2025 | 1 | $7.50 | $21.75 | $29.25 | $278.25 | |
| Nov, 2025 | 2 | $6.96 | $22.29 | $29.25 | $255.96 | |
| Dec, 2025 | 3 | $6.40 | $22.85 | $29.25 | $233.12 | |
| Jan, 2026 | 4 | $5.83 | $23.42 | $29.25 | $209.70 | |
| Feb, 2026 | 5 | $5.24 | $24.00 | $29.25 | $185.70 | |
| Mar, 2026 | 6 | $4.64 | $24.60 | $29.25 | $161.09 | |
| Apr, 2026 | 7 | $4.03 | $25.22 | $29.25 | $135.87 | |
| May, 2026 | 8 | $3.40 | $25.85 | $29.25 | $110.02 | |
| Jun, 2026 | 9 | $2.75 | $26.50 | $29.25 | $83.53 | |
| Jul, 2026 | 10 | $2.09 | $27.16 | $29.25 | $56.37 | |
| Aug, 2026 | 11 | $1.41 | $27.84 | $29.25 | $28.53 | |
| Sep, 2026 | 12 | $0.71 | $28.53 | $29.25 | $0.00 | |
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