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| Loan | Mortgage | Car | Commercial | Student | Biweekly | Extra Payments | Payoff | Excel |
$24,000 Loan Over 1 Year
$24,000 Loan Over 1 Year calculator to calculate the interest and monthly payment for $24K over 1 year.
$24K Loan Over 1 Year |
|
Loan Amount: |
$24,000.00 |
Monthly Payment: |
$2,055.68 |
Total # Of Payments: |
12 |
Start Date: |
Jul, 2025 |
Payoff Date: |
Jun, 2026 |
Total Interest Paid: |
$668.15 |
Total Payment: |
$24,668.15 |
1 Year Loan Amortization Schedule |
||||||
| Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
|---|---|---|---|---|---|---|
| Jul, 2025 | 1 | $102.00 | $1,953.68 | $2,055.68 | $22,046.32 | |
| Aug, 2025 | 2 | $93.70 | $1,961.98 | $2,055.68 | $20,084.34 | |
| Sep, 2025 | 3 | $85.36 | $1,970.32 | $2,055.68 | $18,114.02 | |
| Oct, 2025 | 4 | $76.98 | $1,978.69 | $2,055.68 | $16,135.32 | |
| Nov, 2025 | 5 | $68.58 | $1,987.10 | $2,055.68 | $14,148.22 | |
| Dec, 2025 | 6 | $60.13 | $1,995.55 | $2,055.68 | $12,152.67 | |
| Jan, 2026 | 7 | $51.65 | $2,004.03 | $2,055.68 | $10,148.64 | |
| Feb, 2026 | 8 | $43.13 | $2,012.55 | $2,055.68 | $8,136.09 | |
| Mar, 2026 | 9 | $34.58 | $2,021.10 | $2,055.68 | $6,114.99 | |
| Apr, 2026 | 10 | $25.99 | $2,029.69 | $2,055.68 | $4,085.30 | |
| May, 2026 | 11 | $17.36 | $2,038.32 | $2,055.68 | $2,046.98 | |
| Jun, 2026 | 12 | $8.70 | $2,046.98 | $2,055.68 | $0.00 | |
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