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Equal principal amount, calculation of loan installment amount.

Loan 9000 over 5 Years, Equal principal amount, interest rate 5%
Payment Date Payment # Monthly Repayment Repayment Interest Repayment Principal Remaining Balance
Sep, 2024 1 $187.50 $37.50 $150.00 $8850.00
Oct, 2024 2 $186.88 $36.88 $150.00 $8700.00
Nov, 2024 3 $186.25 $36.25 $150.00 $8550.00
Dec, 2024 4 $185.63 $35.63 $150.00 $8400.00
Jan, 2025 5 $185.00 $35.00 $150.00 $8250.00
Feb, 2025 6 $184.38 $34.38 $150.00 $8100.00
Mar, 2025 7 $183.75 $33.75 $150.00 $7950.00
Apr, 2025 8 $183.13 $33.13 $150.00 $7800.00
May, 2025 9 $182.50 $32.50 $150.00 $7650.00
Jun, 2025 10 $181.88 $31.88 $150.00 $7500.00
Jul, 2025 11 $181.25 $31.25 $150.00 $7350.00
Aug, 2025 12 $180.63 $30.63 $150.00 $7200.00
Sep, 2025 13 $180.00 $30.00 $150.00 $7050.00
Oct, 2025 14 $179.38 $29.38 $150.00 $6900.00
Nov, 2025 15 $178.75 $28.75 $150.00 $6750.00
Dec, 2025 16 $178.13 $28.13 $150.00 $6600.00
Jan, 2026 17 $177.50 $27.50 $150.00 $6450.00
Feb, 2026 18 $176.88 $26.88 $150.00 $6300.00
Mar, 2026 19 $176.25 $26.25 $150.00 $6150.00
Apr, 2026 20 $175.63 $25.63 $150.00 $6000.00
May, 2026 21 $175.00 $25.00 $150.00 $5850.00
Jun, 2026 22 $174.38 $24.38 $150.00 $5700.00
Jul, 2026 23 $173.75 $23.75 $150.00 $5550.00
Aug, 2026 24 $173.13 $23.13 $150.00 $5400.00
Sep, 2026 25 $172.50 $22.50 $150.00 $5250.00
Oct, 2026 26 $171.88 $21.88 $150.00 $5100.00
Nov, 2026 27 $171.25 $21.25 $150.00 $4950.00
Dec, 2026 28 $170.63 $20.63 $150.00 $4800.00
Jan, 2027 29 $170.00 $20.00 $150.00 $4650.00
Feb, 2027 30 $169.38 $19.38 $150.00 $4500.00
Mar, 2027 31 $168.75 $18.75 $150.00 $4350.00
Apr, 2027 32 $168.13 $18.13 $150.00 $4200.00
May, 2027 33 $167.50 $17.50 $150.00 $4050.00
Jun, 2027 34 $166.88 $16.88 $150.00 $3900.00
Jul, 2027 35 $166.25 $16.25 $150.00 $3750.00
Aug, 2027 36 $165.63 $15.63 $150.00 $3600.00
Sep, 2027 37 $165.00 $15.00 $150.00 $3450.00
Oct, 2027 38 $164.38 $14.38 $150.00 $3300.00
Nov, 2027 39 $163.75 $13.75 $150.00 $3150.00
Dec, 2027 40 $163.13 $13.13 $150.00 $3000.00
Jan, 2028 41 $162.50 $12.50 $150.00 $2850.00
Feb, 2028 42 $161.88 $11.88 $150.00 $2700.00
Mar, 2028 43 $161.25 $11.25 $150.00 $2550.00
Apr, 2028 44 $160.63 $10.63 $150.00 $2400.00
May, 2028 45 $160.00 $10.00 $150.00 $2250.00
Jun, 2028 46 $159.38 $9.38 $150.00 $2100.00
Jul, 2028 47 $158.75 $8.75 $150.00 $1950.00
Aug, 2028 48 $158.13 $8.13 $150.00 $1800.00
Sep, 2028 49 $157.50 $7.50 $150.00 $1650.00
Oct, 2028 50 $156.88 $6.88 $150.00 $1500.00
Nov, 2028 51 $156.25 $6.25 $150.00 $1350.00
Dec, 2028 52 $155.63 $5.63 $150.00 $1200.00
Jan, 2029 53 $155.00 $5.00 $150.00 $1050.00
Feb, 2029 54 $154.38 $4.38 $150.00 $900.00
Mar, 2029 55 $153.75 $3.75 $150.00 $750.00
Apr, 2029 56 $153.13 $3.13 $150.00 $600.00
May, 2029 57 $152.50 $2.50 $150.00 $450.00
Jun, 2029 58 $151.88 $1.88 $150.00 $300.00
Jul, 2029 59 $151.25 $1.25 $150.00 $150.00
Aug, 2029 60 $150.63 $0.63 $150.00 $0.00

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