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Equal principal and interest, calculation of loan installment amount.
Loan 25000 over 6 Months, Equal principal and interest, interest rate 23.99%
| Payment Date | Payment # | Monthly Repayment | Repayment Interest | Repayment Principal | Remaining Balance |
| Sep, 2024 | 1 | $4463.02 | $499.79 | $3963.23 | $21036.77 |
| Oct, 2024 | 2 | $4463.02 | $420.56 | $4042.46 | $16994.31 |
| Nov, 2024 | 3 | $4463.02 | $339.74 | $4123.28 | $12871.04 |
| Dec, 2024 | 4 | $4463.02 | $257.31 | $4205.71 | $8665.33 |
| Jan, 2025 | 5 | $4463.02 | $173.23 | $4289.79 | $4375.55 |
| Feb, 2025 | 6 | $4463.02 | $87.47 | $4375.55 | $0.00 |
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