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$6,000 Loan Over 1 Year calculator to calculate the interest and monthly payment for $6K over 1 year.
$6K Loan Over 1 Year |
|
Loan Amount: |
$6,000.00 |
Monthly Payment: |
$513.92 |
Total # Of Payments: |
12 |
Start Date: |
Jan, 2025 |
Payoff Date: |
Dec, 2025 |
Total Interest Paid: |
$167.04 |
Total Payment: |
$6,167.04 |
1 Year Loan Amortization Schedule |
||||||
Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|
Jan, 2025 | 1 | $25.50 | $488.42 | $513.92 | $5,511.58 | |
Feb, 2025 | 2 | $23.42 | $490.50 | $513.92 | $5,021.08 | |
Mar, 2025 | 3 | $21.34 | $492.58 | $513.92 | $4,528.50 | |
Apr, 2025 | 4 | $19.25 | $494.67 | $513.92 | $4,033.83 | |
May, 2025 | 5 | $17.14 | $496.78 | $513.92 | $3,537.05 | |
Jun, 2025 | 6 | $15.03 | $498.89 | $513.92 | $3,038.17 | |
Jul, 2025 | 7 | $12.91 | $501.01 | $513.92 | $2,537.16 | |
Aug, 2025 | 8 | $10.78 | $503.14 | $513.92 | $2,034.02 | |
Sep, 2025 | 9 | $8.64 | $505.28 | $513.92 | $1,528.75 | |
Oct, 2025 | 10 | $6.50 | $507.42 | $513.92 | $1,021.32 | |
Nov, 2025 | 11 | $4.34 | $509.58 | $513.92 | $511.74 | |
Dec, 2025 | 12 | $2.17 | $511.74 | $513.92 | $0.00 |
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