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$8,000 Loan Over 1 Year

$8,000 Loan Over 1 Year calculator to calculate the interest and monthly payment for $8K over 1 year.

$8,000 Loan Over 1 Year Calculator

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years
Interest Rate
First Payment Date
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$8K Loan Over 1 Year

Loan Amount:
$8,000.00
Monthly Payment:
$685.23
Total # Of Payments:
12
Start Date:
Jul, 2025
Payoff Date:
Jun, 2026
Total Interest Paid:
$222.72
Total Payment:
$8,222.72


1 Year Loan Amortization Schedule

Payment Date Payment # Interest Paid Principal Paid Total Payment Remaining Balance
Jul, 2025 1 $34.00 $651.23 $685.23 $7,348.77
Aug, 2025 2 $31.23 $653.99 $685.23 $6,694.78
Sep, 2025 3 $28.45 $656.77 $685.23 $6,038.01
Oct, 2025 4 $25.66 $659.56 $685.23 $5,378.44
Nov, 2025 5 $22.86 $662.37 $685.23 $4,716.07
Dec, 2025 6 $20.04 $665.18 $685.23 $4,050.89
Jan, 2026 7 $17.22 $668.01 $685.23 $3,382.88
Feb, 2026 8 $14.38 $670.85 $685.23 $2,712.03
Mar, 2026 9 $11.53 $673.70 $685.23 $2,038.33
Apr, 2026 10 $8.66 $676.56 $685.23 $1,361.77
May, 2026 11 $5.79 $679.44 $685.23 $682.33
Jun, 2026 12 $2.90 $682.33 $685.23 $0.00


8500 loan over 1 year
8000 loan over 2 year

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