$8 thousand loan for 1 year - calculate:

Calculate payments: $8 thousand loan, 1 year term.

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

Loan Amount:Payment
Every Month:
Total
Payments:
Total
Interest:
$8000, 2.5%, 1 year $683$8200$200
$8000, 2.8%, 1 year $685$8224$224
$8000, 3.4%, 1 year $689$8272$272
$8000, 3.6%, 1 year $691$8288$288
$8000, 6%, 1 year $707$8480$480

$8 thousand loan for 8 months, 14 months, or 18 months:

Loan Amount:Payment
Every Month:
Total
Payments:
Total
Interest:
$8 thousand, 2.8%, 8 months$1019$8149$149
$8 thousand, 3.4%, 14 months$594$8317$317
$8 thousand, 3.4%, 18 months$467$8408$408

Calculations applicable for many banks: Bank of America, JP Morgan Chase & Co., Morgan Stanley, HSBC, etc.