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Equal principal amount, calculation of loan installment amount.
Loan 25000 over 2 Years, Equal principal amount, interest rate 6.22%
| Payment Date | Payment # | Monthly Repayment | Repayment Interest | Repayment Principal | Remaining Balance |
| Sep, 2024 | 1 | $1171.25 | $129.58 | $1041.67 | $23958.33 |
| Oct, 2024 | 2 | $1165.85 | $124.18 | $1041.67 | $22916.67 |
| Nov, 2024 | 3 | $1160.45 | $118.78 | $1041.67 | $21875.00 |
| Dec, 2024 | 4 | $1155.05 | $113.39 | $1041.67 | $20833.33 |
| Jan, 2025 | 5 | $1149.65 | $107.99 | $1041.67 | $19791.67 |
| Feb, 2025 | 6 | $1144.25 | $102.59 | $1041.67 | $18750.00 |
| Mar, 2025 | 7 | $1138.85 | $97.19 | $1041.67 | $17708.33 |
| Apr, 2025 | 8 | $1133.45 | $91.79 | $1041.67 | $16666.67 |
| May, 2025 | 9 | $1128.06 | $86.39 | $1041.67 | $15625.00 |
| Jun, 2025 | 10 | $1122.66 | $80.99 | $1041.67 | $14583.33 |
| Jul, 2025 | 11 | $1117.26 | $75.59 | $1041.67 | $13541.67 |
| Aug, 2025 | 12 | $1111.86 | $70.19 | $1041.67 | $12500.00 |
| Sep, 2025 | 13 | $1106.46 | $64.79 | $1041.67 | $11458.33 |
| Oct, 2025 | 14 | $1101.06 | $59.39 | $1041.67 | $10416.67 |
| Nov, 2025 | 15 | $1095.66 | $53.99 | $1041.67 | $9375.00 |
| Dec, 2025 | 16 | $1090.26 | $48.59 | $1041.67 | $8333.33 |
| Jan, 2026 | 17 | $1084.86 | $43.19 | $1041.67 | $7291.67 |
| Feb, 2026 | 18 | $1079.46 | $37.80 | $1041.67 | $6250.00 |
| Mar, 2026 | 19 | $1074.06 | $32.40 | $1041.67 | $5208.33 |
| Apr, 2026 | 20 | $1068.66 | $27.00 | $1041.67 | $4166.67 |
| May, 2026 | 21 | $1063.26 | $21.60 | $1041.67 | $3125.00 |
| Jun, 2026 | 22 | $1057.86 | $16.20 | $1041.67 | $2083.33 |
| Jul, 2026 | 23 | $1052.47 | $10.80 | $1041.67 | $1041.67 |
| Aug, 2026 | 24 | $1047.07 | $5.40 | $1041.67 | $0.00 |
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