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18 Month Amortization Schedule is a tool to calculate the monthly payment for any fixed interest 18-month loan.
18 Month Loan Summary |
|
Loan Amount: |
$6,000.00 |
Monthly Payment: |
$354.84 |
Total # Of Payments: |
18 |
Start Date: |
Mar, 2025 |
Payoff Date: |
Aug, 2026 |
Total Interest Paid: |
$387.15 |
Total Payment: |
$6,387.15 |
18 Month Amortization Schedule |
||||||
Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|
Mar, 2025 | 1 | $40.00 | $314.84 | $354.84 | $5,685.16 | |
Apr, 2025 | 2 | $37.90 | $316.94 | $354.84 | $5,368.22 | |
May, 2025 | 3 | $35.79 | $319.05 | $354.84 | $5,049.16 | |
Jun, 2025 | 4 | $33.66 | $321.18 | $354.84 | $4,727.98 | |
Jul, 2025 | 5 | $31.52 | $323.32 | $354.84 | $4,404.66 | |
Aug, 2025 | 6 | $29.36 | $325.48 | $354.84 | $4,079.18 | |
Sep, 2025 | 7 | $27.19 | $327.65 | $354.84 | $3,751.54 | |
Oct, 2025 | 8 | $25.01 | $329.83 | $354.84 | $3,421.71 | |
Nov, 2025 | 9 | $22.81 | $332.03 | $354.84 | $3,089.67 | |
Dec, 2025 | 10 | $20.60 | $334.24 | $354.84 | $2,755.43 | |
Jan, 2026 | 11 | $18.37 | $336.47 | $354.84 | $2,418.96 | |
Feb, 2026 | 12 | $16.13 | $338.72 | $354.84 | $2,080.24 | |
Mar, 2026 | 13 | $13.87 | $340.97 | $354.84 | $1,739.27 | |
Apr, 2026 | 14 | $11.60 | $343.25 | $354.84 | $1,396.02 | |
May, 2026 | 15 | $9.31 | $345.53 | $354.84 | $1,050.49 | |
Jun, 2026 | 16 | $7.00 | $347.84 | $354.84 | $702.65 | |
Jul, 2026 | 17 | $4.68 | $350.16 | $354.84 | $352.49 | |
Aug, 2026 | 18 | $2.35 | $352.49 | $354.84 | $0.00 |
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