$16 thousand loan for 1 month - calculate:

Calculate payments: $16 thousand loan, 1 month term.

Loan calculator:
Loan:   $     interest rate:   %     for:   years and   months

Loan Amount:Payment
Every Month:
Total
Payments:
Total
Interest:
$16000, 2%, 1 month $16027$16027$27
$16000, 3%, 1 month $16040$16040$40
$16000, 3.3%, 1 month $16044$16044$44
$16000, 3.5%, 1 month $16047$16047$47
$16000, 4%, 1 month $16053$16053$53

$16 thousand loan for 1 month, 1 month, or 2 months:

Loan Amount:Payment
Every Month:
Total
Payments:
Total
Interest:
$16 thousand, 3%, 1 month$16040$16040$40
$16 thousand, 3.3%, 1 month$16044$16044$44
$16 thousand, 3.3%, 2 months$8044$16088$88

Calculations applicable for many banks: Bank of America, Wells Fargo, HSBC, Goldman Sachs Group, etc.