Loan Details

USD
%
years
USD

Loan Summary

Monthly Payment
$478.88
Total Payment
$28,733
Principal: $25,000
Total Interest
$3,733
15% of loan
Payoff Time
5 years
60 months
Amortization Schedule
Interest Breakdown
Month Payment Principal Interest Balance

This chart shows how your payments are allocated between principal and interest over the life of the loan.

In the early years, a larger portion of your payment goes toward interest. As the loan matures, more of your payment is applied to the principal balance.