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$950 Loan Over 6 Months calculator to calculate the interest and monthly payment for $1K over 6 months.
$1K Loan Over 6 Months |
|
Loan Amount: |
$950.00 |
Monthly Payment: |
$161.15 |
Total # Of Payments: |
6 |
Start Date: |
Jan, 2025 |
Payoff Date: |
Jun, 2025 |
Total Interest Paid: |
$16.90 |
Total Payment: |
$966.90 |
6 Month Loan Amortization Schedule |
||||||
Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|
Jan, 2025 | 1 | $4.81 | $156.34 | $161.15 | $793.66 | |
Feb, 2025 | 2 | $4.02 | $157.13 | $161.15 | $636.53 | |
Mar, 2025 | 3 | $3.22 | $157.93 | $161.15 | $478.60 | |
Apr, 2025 | 4 | $2.42 | $158.73 | $161.15 | $319.87 | |
May, 2025 | 5 | $1.62 | $159.53 | $161.15 | $160.34 | |
Jun, 2025 | 6 | $0.81 | $160.34 | $161.15 | $0.00 |
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