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Equal principal amount, calculation of loan installment amount.

Loan 13000 over 6 Months, Equal principal amount, interest rate 13.80%
Payment Date Payment # Monthly Repayment Repayment Interest Repayment Principal Remaining Balance
Sep, 2024 1 $2316.17 $149.50 $2166.67 $10833.33
Oct, 2024 2 $2291.25 $124.58 $2166.67 $8666.67
Nov, 2024 3 $2266.33 $99.67 $2166.67 $6500.00
Dec, 2024 4 $2241.42 $74.75 $2166.67 $4333.33
Jan, 2025 5 $2216.50 $49.83 $2166.67 $2166.67
Feb, 2025 6 $2191.58 $24.92 $2166.67 $0.00

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