Month Monthly Amortization Interest Principal Balance Term 2yrs

0 1,000,000 Principal 1M
1 43,333.33 1,666.67 41,666.67 958,333.33 Annual interest 0.02
2 43,263.89 1,597.22 41,666.67 916,666.66
3 43,194.45 1,527.78 41,666.67 874,999.99
4 43,125.00 1,458.33 41,666.67 833,333.32
5 43,055.56 1,388.89 41,666.67 791,666.65
6 42,986.11 1,319.44 41,666.67 749,999.98
7 42,916.67 1,250.00 41,666.67 708,333.31
8 42,847.23 1,180.56 41,666.67 666,666.64
9 42,777.78 1,111.11 41,666.67 624,999.97
10 42,708.34 1,041.67 41,666.67 583,333.30
11 42,638.89 972.22 41,666.67 541,666.63
12 42,569.45 902.78 41,666.67 499,999.96
13 42,500.00 833.33 41,666.67 458,333.29
14 42,430.56 763.89 41,666.67 416,666.62
15 42,361.11 694.44 41,666.67 374,999.95
16 42,291.67 625.00 41,666.67 333,333.28
17 42,222.23 555.56 41,666.67 291,666.61
18 42,152.78 486.11 41,666.67 249,999.94
19 42,083.34 416.67 41,666.67 208,333.27
20 42,013.89 347.22 41,666.67 166,666.60
21 41,944.45 277.78 41,666.67 124,999.93
22 41,875.00 208.33 41,666.67 83,333.26
23 41,805.56 138.89 41,666.67 41,666.59
24 41,736.11 69.44 41,666.67 0