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Motorcycle Loan Calculator
Motorcycle loan calculator with trade in to calculate the monthly payment and total costs of financing the purchase of a motorcycle.
Motorcycle Loan Calculator Results |
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| Loan Amount: | $9,000.00 | |||||
Total Monthly Payment: |
$172.95 |
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| Total # Of Payments: | 60 | |||||
| Start Date: | Jul, 2024 | |||||
| Payoff Date: | Jun, 2029 | |||||
| Down Payment: | $3,000.00 | |||||
| Trade In Value: | $0.00 | |||||
| Sales Tax: | $0.00 | |||||
| Other Fee: | $0.00 | |||||
| Total Interest Paid: | $1,377.05 | |||||
Total of All Costs: |
$13,377.05 |
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Motorcycle Loan Amortization Schedule |
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| Payment Date | Payment # | Interest | Principal | Total Payment | Balance | |
|---|---|---|---|---|---|---|
| Jul, 2024 | 1 | $43.13 | $129.83 | $172.95 | $8,870.17 | |
| Aug, 2024 | 2 | $42.50 | $130.45 | $172.95 | $8,739.73 | |
| Sep, 2024 | 3 | $41.88 | $131.07 | $172.95 | $8,608.65 | |
| Oct, 2024 | 4 | $41.25 | $131.70 | $172.95 | $8,476.95 | |
| Nov, 2024 | 5 | $40.62 | $132.33 | $172.95 | $8,344.62 | |
| Dec, 2024 | 6 | $39.98 | $132.97 | $172.95 | $8,211.65 | |
| Jan, 2025 | 7 | $39.35 | $133.60 | $172.95 | $8,078.05 | |
| Feb, 2025 | 8 | $38.71 | $134.24 | $172.95 | $7,943.81 | |
| Mar, 2025 | 9 | $38.06 | $134.89 | $172.95 | $7,808.92 | |
| Apr, 2025 | 10 | $37.42 | $135.53 | $172.95 | $7,673.39 | |
| May, 2025 | 11 | $36.77 | $136.18 | $172.95 | $7,537.20 | |
| Jun, 2025 | 12 | $36.12 | $136.84 | $172.95 | $7,400.37 | |
| Jul, 2025 | 13 | $35.46 | $137.49 | $172.95 | $7,262.88 | |
| Aug, 2025 | 14 | $34.80 | $138.15 | $172.95 | $7,124.73 | |
| Sep, 2025 | 15 | $34.14 | $138.81 | $172.95 | $6,985.92 | |
| Oct, 2025 | 16 | $33.47 | $139.48 | $172.95 | $6,846.44 | |
| Nov, 2025 | 17 | $32.81 | $140.15 | $172.95 | $6,706.29 | |
| Dec, 2025 | 18 | $32.13 | $140.82 | $172.95 | $6,565.48 | |
| Jan, 2026 | 19 | $31.46 | $141.49 | $172.95 | $6,423.99 | |
| Feb, 2026 | 20 | $30.78 | $142.17 | $172.95 | $6,281.82 | |
| Mar, 2026 | 21 | $30.10 | $142.85 | $172.95 | $6,138.97 | |
| Apr, 2026 | 22 | $29.42 | $143.54 | $172.95 | $5,995.43 | |
| May, 2026 | 23 | $28.73 | $144.22 | $172.95 | $5,851.21 | |
| Jun, 2026 | 24 | $28.04 | $144.91 | $172.95 | $5,706.30 | |
| Jul, 2026 | 25 | $27.34 | $145.61 | $172.95 | $5,560.69 | |
| Aug, 2026 | 26 | $26.64 | $146.31 | $172.95 | $5,414.38 | |
| Sep, 2026 | 27 | $25.94 | $147.01 | $172.95 | $5,267.37 | |
| Oct, 2026 | 28 | $25.24 | $147.71 | $172.95 | $5,119.66 | |
| Nov, 2026 | 29 | $24.53 | $148.42 | $172.95 | $4,971.24 | |
| Dec, 2026 | 30 | $23.82 | $149.13 | $172.95 | $4,822.11 | |
| Jan, 2027 | 31 | $23.11 | $149.84 | $172.95 | $4,672.27 | |
| Feb, 2027 | 32 | $22.39 | $150.56 | $172.95 | $4,521.71 | |
| Mar, 2027 | 33 | $21.67 | $151.28 | $172.95 | $4,370.42 | |
| Apr, 2027 | 34 | $20.94 | $152.01 | $172.95 | $4,218.41 | |
| May, 2027 | 35 | $20.21 | $152.74 | $172.95 | $4,065.67 | |
| Jun, 2027 | 36 | $19.48 | $153.47 | $172.95 | $3,912.20 | |
| Jul, 2027 | 37 | $18.75 | $154.20 | $172.95 | $3,758.00 | |
| Aug, 2027 | 38 | $18.01 | $154.94 | $172.95 | $3,603.06 | |
| Sep, 2027 | 39 | $17.26 | $155.69 | $172.95 | $3,447.37 | |
| Oct, 2027 | 40 | $16.52 | $156.43 | $172.95 | $3,290.94 | |
| Nov, 2027 | 41 | $15.77 | $157.18 | $172.95 | $3,133.76 | |
| Dec, 2027 | 42 | $15.02 | $157.94 | $172.95 | $2,975.82 | |
| Jan, 2028 | 43 | $14.26 | $158.69 | $172.95 | $2,817.13 | |
| Feb, 2028 | 44 | $13.50 | $159.45 | $172.95 | $2,657.68 | |
| Mar, 2028 | 45 | $12.73 | $160.22 | $172.95 | $2,497.46 | |
| Apr, 2028 | 46 | $11.97 | $160.98 | $172.95 | $2,336.48 | |
| May, 2028 | 47 | $11.20 | $161.76 | $172.95 | $2,174.72 | |
| Jun, 2028 | 48 | $10.42 | $162.53 | $172.95 | $2,012.19 | |
| Jul, 2028 | 49 | $9.64 | $163.31 | $172.95 | $1,848.88 | |
| Aug, 2028 | 50 | $8.86 | $164.09 | $172.95 | $1,684.79 | |
| Sep, 2028 | 51 | $8.07 | $164.88 | $172.95 | $1,519.91 | |
| Oct, 2028 | 52 | $7.28 | $165.67 | $172.95 | $1,354.24 | |
| Nov, 2028 | 53 | $6.49 | $166.46 | $172.95 | $1,187.78 | |
| Dec, 2028 | 54 | $5.69 | $167.26 | $172.95 | $1,020.52 | |
| Jan, 2029 | 55 | $4.89 | $168.06 | $172.95 | $852.46 | |
| Feb, 2029 | 56 | $4.08 | $168.87 | $172.95 | $683.60 | |
| Mar, 2029 | 57 | $3.28 | $169.68 | $172.95 | $513.92 | |
| Apr, 2029 | 58 | $2.46 | $170.49 | $172.95 | $343.43 | |
| May, 2029 | 59 | $1.65 | $171.31 | $172.95 | $172.13 | |
| Jun, 2029 | 60 | $0.82 | $172.13 | $172.95 | $0.00 | |
Compare Monthly vs. Bi-weekly |
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| Payment Frequency | Monthly | Bi-weekly | ||||
|---|---|---|---|---|---|---|
| Payments / Year | 12 | 26 | ||||
| Each Payment | $172.95 | $86.48 | ||||
| Total Interest | $1,377.05 | $1,239.71 | ||||
| Total Payment | $13,377.05 | $13,239.71 | Total Savings | $0 | $137.34 | |
| Payoff Date | Jun, 2029 | Feb, 2029 | ||||
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