$16 thousand loan for 6 months - calculate:

Calculate payments: $16 thousand loan, 6 months term.

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

Loan Amount:Payment
Every Month:
Total
Payments:
Total
Interest:
$16000, 2.5%, 6 months $2700$16200$200
$16000, 2.8%, 6 months $2704$16224$224
$16000, 3.1%, 6 months $2708$16248$248
$16000, 3.6%, 6 months $2715$16288$288
$16000, 5%, 6 months $2733$16400$400

$16 thousand loan for 4 months, 7 months, or 9 months:

Loan Amount:Payment
Every Month:
Total
Payments:
Total
Interest:
$16 thousand, 2.8%, 4 months$4037$16149$149
$16 thousand, 3.1%, 7 months$2327$16289$289
$16 thousand, 3.1%, 9 months$1819$16372$372

Calculations applicable for many banks: Bank of America, Wells Fargo, TD Bank, PNC Financial Services, etc.