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Equal principal amount, calculation of loan installment amount.

Loan 15000 over 5 Years, Equal principal amount, interest rate 2.6%
Payment Date Payment # Monthly Repayment Repayment Interest Repayment Principal Remaining Balance
Sep, 2024 1 $282.50 $32.50 $250.00 $14750.00
Oct, 2024 2 $281.96 $31.96 $250.00 $14500.00
Nov, 2024 3 $281.42 $31.42 $250.00 $14250.00
Dec, 2024 4 $280.88 $30.88 $250.00 $14000.00
Jan, 2025 5 $280.33 $30.33 $250.00 $13750.00
Feb, 2025 6 $279.79 $29.79 $250.00 $13500.00
Mar, 2025 7 $279.25 $29.25 $250.00 $13250.00
Apr, 2025 8 $278.71 $28.71 $250.00 $13000.00
May, 2025 9 $278.17 $28.17 $250.00 $12750.00
Jun, 2025 10 $277.63 $27.63 $250.00 $12500.00
Jul, 2025 11 $277.08 $27.08 $250.00 $12250.00
Aug, 2025 12 $276.54 $26.54 $250.00 $12000.00
Sep, 2025 13 $276.00 $26.00 $250.00 $11750.00
Oct, 2025 14 $275.46 $25.46 $250.00 $11500.00
Nov, 2025 15 $274.92 $24.92 $250.00 $11250.00
Dec, 2025 16 $274.38 $24.38 $250.00 $11000.00
Jan, 2026 17 $273.83 $23.83 $250.00 $10750.00
Feb, 2026 18 $273.29 $23.29 $250.00 $10500.00
Mar, 2026 19 $272.75 $22.75 $250.00 $10250.00
Apr, 2026 20 $272.21 $22.21 $250.00 $10000.00
May, 2026 21 $271.67 $21.67 $250.00 $9750.00
Jun, 2026 22 $271.13 $21.13 $250.00 $9500.00
Jul, 2026 23 $270.58 $20.58 $250.00 $9250.00
Aug, 2026 24 $270.04 $20.04 $250.00 $9000.00
Sep, 2026 25 $269.50 $19.50 $250.00 $8750.00
Oct, 2026 26 $268.96 $18.96 $250.00 $8500.00
Nov, 2026 27 $268.42 $18.42 $250.00 $8250.00
Dec, 2026 28 $267.88 $17.88 $250.00 $8000.00
Jan, 2027 29 $267.33 $17.33 $250.00 $7750.00
Feb, 2027 30 $266.79 $16.79 $250.00 $7500.00
Mar, 2027 31 $266.25 $16.25 $250.00 $7250.00
Apr, 2027 32 $265.71 $15.71 $250.00 $7000.00
May, 2027 33 $265.17 $15.17 $250.00 $6750.00
Jun, 2027 34 $264.63 $14.63 $250.00 $6500.00
Jul, 2027 35 $264.08 $14.08 $250.00 $6250.00
Aug, 2027 36 $263.54 $13.54 $250.00 $6000.00
Sep, 2027 37 $263.00 $13.00 $250.00 $5750.00
Oct, 2027 38 $262.46 $12.46 $250.00 $5500.00
Nov, 2027 39 $261.92 $11.92 $250.00 $5250.00
Dec, 2027 40 $261.38 $11.38 $250.00 $5000.00
Jan, 2028 41 $260.83 $10.83 $250.00 $4750.00
Feb, 2028 42 $260.29 $10.29 $250.00 $4500.00
Mar, 2028 43 $259.75 $9.75 $250.00 $4250.00
Apr, 2028 44 $259.21 $9.21 $250.00 $4000.00
May, 2028 45 $258.67 $8.67 $250.00 $3750.00
Jun, 2028 46 $258.13 $8.13 $250.00 $3500.00
Jul, 2028 47 $257.58 $7.58 $250.00 $3250.00
Aug, 2028 48 $257.04 $7.04 $250.00 $3000.00
Sep, 2028 49 $256.50 $6.50 $250.00 $2750.00
Oct, 2028 50 $255.96 $5.96 $250.00 $2500.00
Nov, 2028 51 $255.42 $5.42 $250.00 $2250.00
Dec, 2028 52 $254.88 $4.88 $250.00 $2000.00
Jan, 2029 53 $254.33 $4.33 $250.00 $1750.00
Feb, 2029 54 $253.79 $3.79 $250.00 $1500.00
Mar, 2029 55 $253.25 $3.25 $250.00 $1250.00
Apr, 2029 56 $252.71 $2.71 $250.00 $1000.00
May, 2029 57 $252.17 $2.17 $250.00 $750.00
Jun, 2029 58 $251.63 $1.63 $250.00 $500.00
Jul, 2029 59 $251.08 $1.08 $250.00 $250.00
Aug, 2029 60 $250.54 $0.54 $250.00 $0.00

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