Pay off $2,000 at 18.99% with $100/month

Balance $2,000.00 • APR 18.99% • Payment $100.00/mo

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Balance ($)

APR (%)

Monthly Payment ($)

Payoff in: 25 months

Payoff date: 3/27/2028

Total interest: $423.72

This scenario starts with $2,000.00 at 18.99% APR. Paying $100.00/month clears the balance in about 25 months (example payoff date: 2/1/2028).

Month one interest is roughly $31.65 (1.58% per month), so about $68.35 goes to principal right away.

Interest is a smaller share of the payment from the start, so most of what you pay reduces principal. That typically leads to a faster payoff curve.

If you increased the payment by $50 to $150.00/month, you’d save about 9 months in this setup and reduce total interest.

First 12 months. Use the tool for full details.

Month	Payment	Interest	Principal	Remaining
1	$100.00	$31.65	$68.35	$1,931.65
2	$100.00	$30.57	$69.43	$1,862.22
3	$100.00	$29.47	$70.53	$1,791.69
4	$100.00	$28.35	$71.65	$1,720.04
5	$100.00	$27.22	$72.78	$1,647.26
6	$100.00	$26.07	$73.93	$1,573.33
7	$100.00	$24.90	$75.10	$1,498.23
8	$100.00	$23.71	$76.29	$1,421.94
9	$100.00	$22.50	$77.50	$1,344.44
10	$100.00	$21.28	$78.72	$1,265.71
11	$100.00	$20.03	$79.97	$1,185.74
12	$100.00	$18.76	$81.24	$1,104.51

Show full schedule

Month	Payment	Interest	Principal	Remaining
1	$100.00	$31.65	$68.35	$1,931.65
2	$100.00	$30.57	$69.43	$1,862.22
3	$100.00	$29.47	$70.53	$1,791.69
4	$100.00	$28.35	$71.65	$1,720.04
5	$100.00	$27.22	$72.78	$1,647.26
6	$100.00	$26.07	$73.93	$1,573.33
7	$100.00	$24.90	$75.10	$1,498.23
8	$100.00	$23.71	$76.29	$1,421.94
9	$100.00	$22.50	$77.50	$1,344.44
10	$100.00	$21.28	$78.72	$1,265.71
11	$100.00	$20.03	$79.97	$1,185.74
12	$100.00	$18.76	$81.24	$1,104.51
13	$100.00	$17.48	$82.52	$1,021.99
14	$100.00	$16.17	$83.83	$938.16
15	$100.00	$14.85	$85.15	$853.01
16	$100.00	$13.50	$86.50	$766.51
17	$100.00	$12.13	$87.87	$678.64
18	$100.00	$10.74	$89.26	$589.37
19	$100.00	$9.33	$90.67	$498.70
20	$100.00	$7.89	$92.11	$406.59
21	$100.00	$6.43	$93.57	$313.03
22	$100.00	$4.95	$95.05	$217.98
23	$100.00	$3.45	$96.55	$121.43
24	$100.00	$1.92	$98.08	$23.35
25	$23.72	$0.37	$23.35	$0.00