| Loan | Mortgage | Car | Commercial | Student | Biweekly | Extra Payments | Payoff | Excel |
$1,500 Loan Over 1 Year calculator to calculate the interest and monthly payment for $2K over 1 year.
$2K Loan Over 1 Year |
|
Loan Amount: |
$1,500.00 |
Monthly Payment: |
$128.48 |
Total # Of Payments: |
12 |
Start Date: |
Oct, 2025 |
Payoff Date: |
Sep, 2026 |
Total Interest Paid: |
$41.76 |
Total Payment: |
$1,541.76 |
1 Year Loan Amortization Schedule |
||||||
| Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
|---|---|---|---|---|---|---|
| Oct, 2025 | 1 | $6.38 | $122.10 | $128.48 | $1,377.90 | |
| Nov, 2025 | 2 | $5.86 | $122.62 | $128.48 | $1,255.27 | |
| Dec, 2025 | 3 | $5.33 | $123.15 | $128.48 | $1,132.13 | |
| Jan, 2026 | 4 | $4.81 | $123.67 | $128.48 | $1,008.46 | |
| Feb, 2026 | 5 | $4.29 | $124.19 | $128.48 | $884.26 | |
| Mar, 2026 | 6 | $3.76 | $124.72 | $128.48 | $759.54 | |
| Apr, 2026 | 7 | $3.23 | $125.25 | $128.48 | $634.29 | |
| May, 2026 | 8 | $2.70 | $125.78 | $128.48 | $508.51 | |
| Jun, 2026 | 9 | $2.16 | $126.32 | $128.48 | $382.19 | |
| Jul, 2026 | 10 | $1.62 | $126.86 | $128.48 | $255.33 | |
| Aug, 2026 | 11 | $1.09 | $127.39 | $128.48 | $127.94 | |
| Sep, 2026 | 12 | $0.54 | $127.94 | $128.48 | $0.00 | |
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