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1 Year Auto Loan Calculator
1 Year Auto Loan Calculator to calculate the interest and monthly payment for a fixed interest rate 1-year car loan.
1 Year Car Loan Summary |
|
Loan Amount: |
$3,500.00 |
Monthly Payment: |
$299.71 |
Total # Of Payments: |
12 |
Start Date: |
Apr, 2024 |
Payoff Date: |
Mar, 2025 |
Total Interest Paid: |
$96.48 |
Total Payment: |
$3,596.48 |
1 Year Car Amortization Schedule |
||||||
| Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
|---|---|---|---|---|---|---|
| Apr, 2024 | 1 | $14.73 | $284.98 | $299.71 | $3,215.02 | |
| May, 2024 | 2 | $13.53 | $286.18 | $299.71 | $2,928.85 | |
| Jun, 2024 | 3 | $12.33 | $287.38 | $299.71 | $2,641.47 | |
| Jul, 2024 | 4 | $11.12 | $288.59 | $299.71 | $2,352.88 | |
| Aug, 2024 | 5 | $9.90 | $289.80 | $299.71 | $2,063.07 | |
| Sep, 2024 | 6 | $8.68 | $291.02 | $299.71 | $1,772.05 | |
| Oct, 2024 | 7 | $7.46 | $292.25 | $299.71 | $1,479.80 | |
| Nov, 2024 | 8 | $6.23 | $293.48 | $299.71 | $1,186.32 | |
| Dec, 2024 | 9 | $4.99 | $294.71 | $299.71 | $891.60 | |
| Jan, 2025 | 10 | $3.75 | $295.95 | $299.71 | $595.65 | |
| Feb, 2025 | 11 | $2.51 | $297.20 | $299.71 | $298.45 | |
| Mar, 2025 | 12 | $1.26 | $298.45 | $299.71 | $0.00 | |
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