$1,000 Loan Over 18 Months

$1,000 Loan Over 18 Months calculator is used to calculate the monthly payment for a loan of $1,000 amortized over 18 months.

Payment Date	Payment #	Interest Paid	Principal Paid	Total Payment	Remaining Balance
$1K Loan Amortized Over 18 Months
Dec, 2024	1	$5.94	$52.80	$58.74	$947.20
Jan, 2025	2	$5.62	$53.12	$58.74	$894.08
Feb, 2025	3	$5.31	$53.43	$58.74	$840.64
Mar, 2025	4	$4.99	$53.75	$58.74	$786.89
Apr, 2025	5	$4.67	$54.07	$58.74	$732.82
May, 2025	6	$4.35	$54.39	$58.74	$678.43
Jun, 2025	7	$4.03	$54.71	$58.74	$623.72
Jul, 2025	8	$3.70	$55.04	$58.74	$568.68
Aug, 2025	9	$3.38	$55.37	$58.74	$513.32
Sep, 2025	10	$3.05	$55.69	$58.74	$457.62
Oct, 2025	11	$2.72	$56.02	$58.74	$401.60
Nov, 2025	12	$2.38	$56.36	$58.74	$345.24
Dec, 2025	13	$2.05	$56.69	$58.74	$288.55
Jan, 2026	14	$1.71	$57.03	$58.74	$231.52
Feb, 2026	15	$1.37	$57.37	$58.74	$174.15
Mar, 2026	16	$1.03	$57.71	$58.74	$116.45
Apr, 2026	17	$0.69	$58.05	$58.74	$58.40
May, 2026	18	$0.35	$58.40	$58.74	$0.00

Amortization Schedule