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| Loan | Mortgage | Car | Commercial | Student | Biweekly | Extra Payments | Payoff | Excel |
$18,000 Loan Over 1 Year
$18,000 Loan Over 1 Year calculator to calculate the interest and monthly payment for $18K over 1 year.
$18K Loan Over 1 Year |
|
Loan Amount: |
$18,000.00 |
Monthly Payment: |
$1,541.76 |
Total # Of Payments: |
12 |
Start Date: |
Jan, 2025 |
Payoff Date: |
Dec, 2025 |
Total Interest Paid: |
$501.12 |
Total Payment: |
$18,501.12 |
1 Year Loan Amortization Schedule |
||||||
| Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
|---|---|---|---|---|---|---|
| Jan, 2025 | 1 | $76.50 | $1,465.26 | $1,541.76 | $16,534.74 | |
| Feb, 2025 | 2 | $70.27 | $1,471.49 | $1,541.76 | $15,063.25 | |
| Mar, 2025 | 3 | $64.02 | $1,477.74 | $1,541.76 | $13,585.51 | |
| Apr, 2025 | 4 | $57.74 | $1,484.02 | $1,541.76 | $12,101.49 | |
| May, 2025 | 5 | $51.43 | $1,490.33 | $1,541.76 | $10,611.16 | |
| Jun, 2025 | 6 | $45.10 | $1,496.66 | $1,541.76 | $9,114.50 | |
| Jul, 2025 | 7 | $38.74 | $1,503.02 | $1,541.76 | $7,611.48 | |
| Aug, 2025 | 8 | $32.35 | $1,509.41 | $1,541.76 | $6,102.07 | |
| Sep, 2025 | 9 | $25.93 | $1,515.83 | $1,541.76 | $4,586.24 | |
| Oct, 2025 | 10 | $19.49 | $1,522.27 | $1,541.76 | $3,063.97 | |
| Nov, 2025 | 11 | $13.02 | $1,528.74 | $1,541.76 | $1,535.23 | |
| Dec, 2025 | 12 | $6.52 | $1,535.23 | $1,541.76 | $0.00 | |
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