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Equal principal amount, calculation of loan installment amount.
Loan 5000 over 1 Years, Equal principal amount, interest rate 23.99%
| Payment Date | Payment # | Monthly Repayment | Repayment Interest | Repayment Principal | Remaining Balance |
| Sep, 2024 | 1 | $516.63 | $99.96 | $416.67 | $4583.33 |
| Oct, 2024 | 2 | $508.30 | $91.63 | $416.67 | $4166.67 |
| Nov, 2024 | 3 | $499.97 | $83.30 | $416.67 | $3750.00 |
| Dec, 2024 | 4 | $491.64 | $74.97 | $416.67 | $3333.33 |
| Jan, 2025 | 5 | $483.31 | $66.64 | $416.67 | $2916.67 |
| Feb, 2025 | 6 | $474.98 | $58.31 | $416.67 | $2500.00 |
| Mar, 2025 | 7 | $466.65 | $49.98 | $416.67 | $2083.33 |
| Apr, 2025 | 8 | $458.32 | $41.65 | $416.67 | $1666.67 |
| May, 2025 | 9 | $449.99 | $33.32 | $416.67 | $1250.00 |
| Jun, 2025 | 10 | $441.66 | $24.99 | $416.67 | $833.33 |
| Jul, 2025 | 11 | $433.33 | $16.66 | $416.67 | $416.67 |
| Aug, 2025 | 12 | $425.00 | $8.33 | $416.67 | $0.00 |
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