Below is a sample payment schedule for a $600 installment loan. Please note that your APR may vary based upon your total loan duration and amount funded. Remember that the sooner you pay back your loan, the less your total loan cost will be.
ANNUAL PERCENTAGE RATE The cost of Your credit as a yearly rate. |
FINANCE CHARGE The dollar amount the credit will cost You. |
Amount Financed The amount of credit provided to You or on Your behalf. |
Total of payments The amount You will have paid after You have made all payments as scheduled. |
676.72% | $2,788.45 | $600.00 | $3,388.45 |
Payment No. | Payment Amount | Payment Date |
1 | $169.44 | 7/12/2019 |
2 | $169.44 | 7/26/2019 |
3 | $169.44 | 8/9/2019 |
4 | $169.44 | 8/23/2019 |
5 | $169.44 | 9/6/2019 |
6 | $169.44 | 9/20/2019 |
7 | $169.44 | 10/4/2019 |
8 | $169.44 | 10/18/2019 |
9 | $169.44 | 11/1/2019 |
10 | $169.44 | 11/15/2019 |
11 | $169.44 | 11/29/2019 |
12 | $169.44 | 12/13/2019 |
13 | $169.44 | 12/27/2019 |
14 | $169.44 | 1/10/2020 |
15 | $169.44 | 1/24/2020 |
16 | $169.44 | 2/7/2020 |
17 | $169.44 | 2/21/2020 |
18 | $169.44 | 3/6/2020 |
19 | $169.44 | 3/20/2020 |
20 | $169.09 | 4/3/2020 |
Your full payment schedule will be included in your loan agreement. It will display each payment amount, each payment due date and the number of payments. You can reduce the total cost of your loan by paying off your loan prior to your last due date on your payment schedule or by making additional payments on or between your payment due dates. You control how soon you wish to pay your loan off. There will not be any prepayment penalties.
Fees for payments made five (5) or more days late and for non-sufficient funds/returned items may apply as described in your loan agreement.
We do not charge origination, maintenance or other fees.
At Oxford Financial Services, we will not charge a penalty if you pay off your loan early.