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$100 Loan Over 12 Months calculator is used to calculate the monthly payment for a loan of $100 amortized over 12 months.
$0K Loan Over 12 Months |
|
Loan Amount: |
$100.00 |
Monthly Payment: |
$8.66 |
Total # Of Payments: |
12 |
Start Date: |
Dec, 2024 |
Payoff Date: |
Nov, 2025 |
Total Interest Paid: |
$3.89 |
Total Payment: |
$103.89 |
$0K Loan Amortized Over 12 Months |
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Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|
Dec, 2024 | 1 | $0.59 | $8.07 | $8.66 | $91.93 | |
Jan, 2025 | 2 | $0.54 | $8.11 | $8.66 | $83.82 | |
Feb, 2025 | 3 | $0.50 | $8.16 | $8.66 | $75.66 | |
Mar, 2025 | 4 | $0.45 | $8.21 | $8.66 | $67.45 | |
Apr, 2025 | 5 | $0.40 | $8.26 | $8.66 | $59.19 | |
May, 2025 | 6 | $0.35 | $8.31 | $8.66 | $50.88 | |
Jun, 2025 | 7 | $0.30 | $8.36 | $8.66 | $42.53 | |
Jul, 2025 | 8 | $0.25 | $8.41 | $8.66 | $34.12 | |
Aug, 2025 | 9 | $0.20 | $8.46 | $8.66 | $25.67 | |
Sep, 2025 | 10 | $0.15 | $8.51 | $8.66 | $17.16 | |
Oct, 2025 | 11 | $0.10 | $8.56 | $8.66 | $8.61 | |
Nov, 2025 | 12 | $0.05 | $8.61 | $8.66 | $0.00 |
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