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Equal principal amount, calculation of loan installment amount.

Loan 14600 over 6 Months, Equal principal amount, interest rate 23.99%
Payment Date Payment # Monthly Repayment Repayment Interest Repayment Principal Remaining Balance
Sep, 2024 1 $2725.21 $291.88 $2433.33 $12166.67
Oct, 2024 2 $2676.57 $243.23 $2433.33 $9733.33
Nov, 2024 3 $2627.92 $194.59 $2433.33 $7300.00
Dec, 2024 4 $2579.27 $145.94 $2433.33 $4866.67
Jan, 2025 5 $2530.63 $97.29 $2433.33 $2433.33
Feb, 2025 6 $2481.98 $48.65 $2433.33 $0.00

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