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1 Year Amortization Schedule
1 Year Amortization Schedule is a loan calculator to calculate monthly payment for your fixed interest rate 1-year loan.
Loan Summary |
|
Loan Amount: |
$18,000.00 |
Monthly Payment: |
$1,524.90 |
Total # Of Payments: |
12 |
Start Date: |
Oct, 2023 |
Payoff Date: |
Sep, 2024 |
Total Interest Paid: |
$298.76 |
Total Payment: |
$18,298.76 |
1 Year Amortization Schedule |
||||||
| Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
|---|---|---|---|---|---|---|
| Oct, 2023 | 1 | $45.75 | $1,479.15 | $1,524.90 | $16,520.85 | |
| Nov, 2023 | 2 | $41.99 | $1,482.91 | $1,524.90 | $15,037.95 | |
| Dec, 2023 | 3 | $38.22 | $1,486.68 | $1,524.90 | $13,551.27 | |
| Jan, 2024 | 4 | $34.44 | $1,490.45 | $1,524.90 | $12,060.82 | |
| Feb, 2024 | 5 | $30.65 | $1,494.24 | $1,524.90 | $10,566.58 | |
| Mar, 2024 | 6 | $26.86 | $1,498.04 | $1,524.90 | $9,068.54 | |
| Apr, 2024 | 7 | $23.05 | $1,501.85 | $1,524.90 | $7,566.69 | |
| May, 2024 | 8 | $19.23 | $1,505.66 | $1,524.90 | $6,061.02 | |
| Jun, 2024 | 9 | $15.41 | $1,509.49 | $1,524.90 | $4,551.53 | |
| Jul, 2024 | 10 | $11.57 | $1,513.33 | $1,524.90 | $3,038.21 | |
| Aug, 2024 | 11 | $7.72 | $1,517.17 | $1,524.90 | $1,521.03 | |
| Sep, 2024 | 12 | $3.87 | $1,521.03 | $1,524.90 | $0.00 | |
2 year amortization schedule
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