%

Monthly Payment*

$100.00

*Excludes any extra payments

Total Payments**

$6,000.13

Extra Payments (0%)
$0.00
Principal (83.33%)
$5,000.00
Interest (16.67%)
$1,000.13
**Includes regular and any extra payments paid during the length of the Loan
For a max monthly payment of $100, your interest rate should be
7.421%
With a monthly extra payment of $0 starting September 2021, your Loan will be paid off in 5 years, saving $0 in interest.
To payoff the loan by March 2024, you should have a monthly extra payment of
$83.12
starting September 2021
# Month Principal Interest Balance