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| Loan | Mortgage | Car | Commercial | Student | Biweekly | Extra Payments | Payoff | Excel |
$15,000 Loan Over 1 Year
$15,000 Loan Over 1 Year calculator to calculate the interest and monthly payment for $15K over 1 year.
$15K Loan Over 1 Year |
|
Loan Amount: |
$15,000.00 |
Monthly Payment: |
$1,284.80 |
Total # Of Payments: |
12 |
Start Date: |
Jan, 2025 |
Payoff Date: |
Dec, 2025 |
Total Interest Paid: |
$417.60 |
Total Payment: |
$15,417.60 |
1 Year Loan Amortization Schedule |
||||||
| Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
|---|---|---|---|---|---|---|
| Jan, 2025 | 1 | $63.75 | $1,221.05 | $1,284.80 | $13,778.95 | |
| Feb, 2025 | 2 | $58.56 | $1,226.24 | $1,284.80 | $12,552.71 | |
| Mar, 2025 | 3 | $53.35 | $1,231.45 | $1,284.80 | $11,321.26 | |
| Apr, 2025 | 4 | $48.12 | $1,236.68 | $1,284.80 | $10,084.58 | |
| May, 2025 | 5 | $42.86 | $1,241.94 | $1,284.80 | $8,842.64 | |
| Jun, 2025 | 6 | $37.58 | $1,247.22 | $1,284.80 | $7,595.42 | |
| Jul, 2025 | 7 | $32.28 | $1,252.52 | $1,284.80 | $6,342.90 | |
| Aug, 2025 | 8 | $26.96 | $1,257.84 | $1,284.80 | $5,085.06 | |
| Sep, 2025 | 9 | $21.61 | $1,263.19 | $1,284.80 | $3,821.87 | |
| Oct, 2025 | 10 | $16.24 | $1,268.56 | $1,284.80 | $2,553.31 | |
| Nov, 2025 | 11 | $10.85 | $1,273.95 | $1,284.80 | $1,279.36 | |
| Dec, 2025 | 12 | $5.44 | $1,279.36 | $1,284.80 | $0.00 | |
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