$1,000 Loan Over 24 Months

$1,000 Loan Over 24 Months calculator is used to calculate the monthly payment for a loan of $1,000 amortized over 24 months.

Payment Date	Payment #	Interest Paid	Principal Paid	Total Payment	Remaining Balance
$1K Loan Amortized Over 24 Months
Dec, 2024	1	$5.96	$38.88	$44.84	$961.12
Jan, 2025	2	$5.73	$39.11	$44.84	$922.00
Feb, 2025	3	$5.49	$39.35	$44.84	$882.66
Mar, 2025	4	$5.26	$39.58	$44.84	$843.08
Apr, 2025	5	$5.02	$39.82	$44.84	$803.26
May, 2025	6	$4.79	$40.05	$44.84	$763.20
Jun, 2025	7	$4.55	$40.29	$44.84	$722.91
Jul, 2025	8	$4.31	$40.53	$44.84	$682.38
Aug, 2025	9	$4.07	$40.77	$44.84	$641.60
Sep, 2025	10	$3.82	$41.02	$44.84	$600.58
Oct, 2025	11	$3.58	$41.26	$44.84	$559.32
Nov, 2025	12	$3.33	$41.51	$44.84	$517.81
Dec, 2025	13	$3.09	$41.76	$44.84	$476.06
Jan, 2026	14	$2.84	$42.00	$44.84	$434.06
Feb, 2026	15	$2.59	$42.25	$44.84	$391.80
Mar, 2026	16	$2.33	$42.51	$44.84	$349.29
Apr, 2026	17	$2.08	$42.76	$44.84	$306.54
May, 2026	18	$1.83	$43.01	$44.84	$263.52
Jun, 2026	19	$1.57	$43.27	$44.84	$220.25
Jul, 2026	20	$1.31	$43.53	$44.84	$176.72
Aug, 2026	21	$1.05	$43.79	$44.84	$132.93
Sep, 2026	22	$0.79	$44.05	$44.84	$88.89
Oct, 2026	23	$0.53	$44.31	$44.84	$44.58
Nov, 2026	24	$0.27	$44.58	$44.84	$0.00

Amortization Schedule