DEBT MANAGEMENT

LOAN APPROVED 5000

INTEREST RATE 1%
LOAN PERIOD 24 MONTHS

PAYMENT PERIOD SIZE OF PAYMENT INTEREST PAYMENT PRINCIPAL PAYMENT LOAN BALANCE
0 5000
1 235.37 50 185.37 4814.63
2 235.37 48.1463 187.2237 4627.4063
3 235.37 46.274063 189.095937 4438.310363
4 235.37 44.38310363 190.98689637 4247.32346663
5 235.37 42.4732346663 192.8967653337 4054.4267012963
6 235.37 40.544267012963 194.825732987037 3859.60096830926
7 235.37 38.5960096830926 196.773990316907 3662.82697799236
8 235.37 36.6282697799236 198.741730220076 3464.08524777228
9 235.37 34.6408524777228 200.729147522277 3263.35610025
10 235.37 32.6335610025 202.7364389975 3060.6196612525
11 235.37 30.606196612525 204.763803387475 2855.85585786503
12 235.37 28.5585585786503 206.81144142135 2649.04441644368
13 235.37 26.4904441644368 208.879555835563 2440.16486060811
14 235.37 24.4016486060811 210.968351393919 2229.1965092142
15 235.37 22.291965092142 213.078034907858 2016.11847430634
16 235.37 20.1611847430634 215.208815256937 1800.9096590494
17 235.37 18.009096590494 217.360903409506 1583.5487556399
18 235.37 15.835487556399 219.534512443601 1364.01424319629
19 235.37 13.6401424319629 221.729857568037 1142.28438562826
20 235.37 11.4228438562826 223.947156143717 918.33722948454
21 235.37 9.1833722948454 226.186627705155 692.150601779385
22 235.37 6.92150601779385 228.448493982206 463.702107797179
23 235.37 4.63702107797179 230.732978922028 232.969128875151
24 235.37 2.32969128875151 233.040308711248 -0.07117983609783
 LOAN BALANCE
5000
4814.63
4627.4063
4438.310363
4247.32346663
4054.4267012963
3859.60096830926
3662.82697799236
3464.08524777228
3263.35610025
3060.6196612525
2855.85585786503
2649.04441644368
2440.16486060811
2229.1965092142
2016.11847430634
1800.9096590494
1583.5487556399
1364.01424319629
1142.28438562826
918.33722948454
692.150601779385
463.702107797179
232.969128875151
-0.07117983609783