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Equal principal amount, calculation of loan installment amount.

Loan 23800 over 10 Months, Equal principal amount, interest rate 23%
Payment Date Payment # Monthly Repayment Repayment Interest Repayment Principal Remaining Balance
Sep, 2024 1 $2836.17 $456.17 $2380.00 $21420.00
Oct, 2024 2 $2790.55 $410.55 $2380.00 $19040.00
Nov, 2024 3 $2744.93 $364.93 $2380.00 $16660.00
Dec, 2024 4 $2699.32 $319.32 $2380.00 $14280.00
Jan, 2025 5 $2653.70 $273.70 $2380.00 $11900.00
Feb, 2025 6 $2608.08 $228.08 $2380.00 $9520.00
Mar, 2025 7 $2562.47 $182.47 $2380.00 $7140.00
Apr, 2025 8 $2516.85 $136.85 $2380.00 $4760.00
May, 2025 9 $2471.23 $91.23 $2380.00 $2380.00
Jun, 2025 10 $2425.62 $45.62 $2380.00 $0.00

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