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Finance Amount (CAD $)

Finance Term (Months)

Repayment Frequency

Installment Amount (CAD $)

997.53

Total Cost of Funds (CAD $)

15,910.92

Average Annual Rate

26.52 %

Total Repaid (CAD $)

35,910.92

Required Monthly Income (CAD $)

2,493.81
Inst.BalanceCost of FundsPrincipalInstallmentEnding Balance
1$20,000.00$716.67$280.86$997.53$19,719.14
2$19,719.14$706.6$290.92$997.53$19,428.22
3$19,428.22$696.18$301.35$997.53$19,126.87
4$19,126.87$685.38$312.15$997.53$18,814.72
5$18,814.72$674.19$323.33$997.53$18,491.39
6$18,491.39$662.61$334.92$997.53$18,156.47
7$18,156.47$650.61$346.92$997.53$17,809.55
8$17,809.55$638.18$359.35$997.53$17,450.20
9$17,450.20$625.3$372.23$997.53$17,077.97
10$17,077.97$611.96$385.57$997.53$16,692.40
11$16,692.40$598.14$399.38$997.53$16,293.02
12$16,293.02$583.83$413.69$997.53$15,879.33
13$15,879.33$569.01$428.52$997.53$15,450.81
14$15,450.81$553.65$443.87$997.53$15,006.94
15$15,006.94$537.75$459.78$997.53$14,547.16
16$14,547.16$521.27$476.25$997.53$14,070.91
17$14,070.91$504.21$493.32$997.53$13,577.59
18$13,577.59$486.53$511$997.53$13,066.59
19$13,066.59$468.22$529.31$997.53$12,537.28
20$12,537.28$449.25$548.27$997.53$11,989.01
21$11,989.01$429.61$567.92$997.53$11,421.09
22$11,421.09$409.26$588.27$997.53$10,832.82
23$10,832.82$388.18$609.35$997.53$10,223.47
24$10,223.47$366.34$631.18$997.53$9,592.29
25$9,592.29$343.72$653.8$997.53$8,938.49
26$8,938.49$320.3$677.23$997.53$8,261.26
27$8,261.26$296.03$701.5$997.53$7,559.76
28$7,559.76$270.89$726.63$997.53$6,833.13
29$6,833.13$244.85$752.67$997.53$6,080.46
30$6,080.46$217.88$779.64$997.53$5,300.82
31$5,300.82$189.95$807.58$997.53$4,493.24
32$4,493.24$161.01$836.52$997.53$3,656.72
33$3,656.72$131.03$866.49$997.53$2,790.23
34$2,790.23$99.98$897.54$997.53$1,892.69
35$1,892.69$67.82$929.7$997.53$962.99
36$962.99$34.51$963.02$997.53$0.00
      
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