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Equal principal amount, calculation of loan installment amount.

Loan 25000 over 6 Months, Equal principal amount, interest rate 23.99%
Payment Date Payment # Monthly Repayment Repayment Interest Repayment Principal Remaining Balance
Sep, 2024 1 $4666.46 $499.79 $4166.67 $20833.33
Oct, 2024 2 $4583.16 $416.49 $4166.67 $16666.67
Nov, 2024 3 $4499.86 $333.19 $4166.67 $12500.00
Dec, 2024 4 $4416.56 $249.90 $4166.67 $8333.33
Jan, 2025 5 $4333.26 $166.60 $4166.67 $4166.67
Feb, 2025 6 $4249.97 $83.30 $4166.67 $0.00

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