Three to five percent of the statement balance.
Minimum payment 2.5 % of 8655.90 = 2.5 x 86.559 =$216 and change
an arm and a leg...
Want to know what our monthly house payment will be owing 217000.00 on a 30 year loan at 4.5%
What is the minimum percent down payment to buy a 250,000.00 home?
The answer depends on how frequently the interest is calculated. If it is calculated only at the start, then 1088.12.If it is calculated annually on the outstanding balance, then 827.88If it is calculated monthly on the outstanding balance, then 795.58
The monthly interest is 100.
Credit cards with a zero percent APR generally have minimum monthly payments that must be made in order to avoid costly charges. If your minimum payment is not made each month, you may be hit with costly penalty fees.
For a 30-year loan, the monthly payment will be $1,266.71
Your monthly payment, assuming you have quoted the interest rate correctly, should be $165.83 if you pay this off in one year (12 monthly payments)
1.3 percent of 740.77 is 9.63
You monthly payment on a loan is largely based on your monthly income. usually you are expected to pay 15% percent of you income to you debtors or creditors.