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Equal principal and interest, calculation of loan installment amount.
Loan 5000 over 1 Years, Equal principal and interest, interest rate 23.99%
| Payment Date | Payment # | Monthly Repayment | Repayment Interest | Repayment Principal | Remaining Balance |
| Sep, 2024 | 1 | $472.77 | $99.96 | $372.82 | $4627.18 |
| Oct, 2024 | 2 | $472.77 | $92.51 | $380.27 | $4246.92 |
| Nov, 2024 | 3 | $472.77 | $84.90 | $387.87 | $3859.05 |
| Dec, 2024 | 4 | $472.77 | $77.15 | $395.63 | $3463.42 |
| Jan, 2025 | 5 | $472.77 | $69.24 | $403.53 | $3059.89 |
| Feb, 2025 | 6 | $472.77 | $61.17 | $411.60 | $2648.28 |
| Mar, 2025 | 7 | $472.77 | $52.94 | $419.83 | $2228.45 |
| Apr, 2025 | 8 | $472.77 | $44.55 | $428.22 | $1800.23 |
| May, 2025 | 9 | $472.77 | $35.99 | $436.78 | $1363.45 |
| Jun, 2025 | 10 | $472.77 | $27.26 | $445.52 | $917.93 |
| Jul, 2025 | 11 | $472.77 | $18.35 | $454.42 | $463.51 |
| Aug, 2025 | 12 | $472.77 | $9.27 | $463.51 | $0.00 |
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