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$1,000 Loan Over 18 Months


$1,000 Loan Over 18 Months calculator to calculate the interest and monthly payment for $1K over 18 months.

$1,000 Loan Over 18 Months Calculator

Loan Amount
Loan Terms
years
Interest Rate
First Payment Date
Amortization Schedule
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$1K Loan Over 18 Months

Loan Amount:
$1,000.00
Monthly Payment:
$58.29
Total # Of Payments:
18
Start Date:
Oct, 2024
Payoff Date:
Mar, 2026
Total Interest Paid:
$49.19
Total Payment:
$1,049.19


18 Month Loan Amortization Schedule

Payment Date Payment # Interest Paid Principal Paid Total Payment Remaining Balance
Oct, 2024 1 $5.10 $53.18 $58.29 $946.82
Nov, 2024 2 $4.83 $53.46 $58.29 $893.36
Dec, 2024 3 $4.56 $53.73 $58.29 $839.63
Jan, 2025 4 $4.29 $54.00 $58.29 $785.63
Feb, 2025 5 $4.01 $54.28 $58.29 $731.35
Mar, 2025 6 $3.73 $54.56 $58.29 $676.80
Apr, 2025 7 $3.45 $54.83 $58.29 $621.96
May, 2025 8 $3.17 $55.11 $58.29 $566.85
Jun, 2025 9 $2.89 $55.39 $58.29 $511.45
Jul, 2025 10 $2.61 $55.68 $58.29 $455.78
Aug, 2025 11 $2.33 $55.96 $58.29 $399.81
Sep, 2025 12 $2.04 $56.25 $58.29 $343.57
Oct, 2025 13 $1.75 $56.53 $58.29 $287.03
Nov, 2025 14 $1.47 $56.82 $58.29 $230.21
Dec, 2025 15 $1.18 $57.11 $58.29 $173.09
Jan, 2026 16 $0.88 $57.40 $58.29 $115.69
Feb, 2026 17 $0.59 $57.70 $58.29 $57.99
Mar, 2026 18 $0.30 $57.99 $58.29 $0.00



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