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Equal principal and interest, calculation of loan installment amount.
Loan 14000 over 1 Years, Equal principal and interest, interest rate 4.7%
| Payment Date | Payment # | Monthly Repayment | Repayment Interest | Repayment Principal | Remaining Balance |
| Sep, 2024 | 1 | $1196.58 | $54.83 | $1141.75 | $12858.25 |
| Oct, 2024 | 2 | $1196.58 | $50.36 | $1146.22 | $11712.03 |
| Nov, 2024 | 3 | $1196.58 | $45.87 | $1150.71 | $10561.32 |
| Dec, 2024 | 4 | $1196.58 | $41.37 | $1155.22 | $9406.11 |
| Jan, 2025 | 5 | $1196.58 | $36.84 | $1159.74 | $8246.37 |
| Feb, 2025 | 6 | $1196.58 | $32.30 | $1164.28 | $7082.09 |
| Mar, 2025 | 7 | $1196.58 | $27.74 | $1168.84 | $5913.24 |
| Apr, 2025 | 8 | $1196.58 | $23.16 | $1173.42 | $4739.82 |
| May, 2025 | 9 | $1196.58 | $18.56 | $1178.02 | $3561.81 |
| Jun, 2025 | 10 | $1196.58 | $13.95 | $1182.63 | $2379.18 |
| Jul, 2025 | 11 | $1196.58 | $9.32 | $1187.26 | $1191.91 |
| Aug, 2025 | 12 | $1196.58 | $4.67 | $1191.91 | $0.00 |
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