Amortization Schedule

Amount of Loan
Annual Interest Rate (in percent)
Length of Loan (in months)

Total Payments
$321.52
Total Interest
$292.40
Number of Monthly Payments
24
Monthly Payment
$13.40
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$29.12$13.40$0.00 WARNING PRINCIPAL PAYMENT IS LESS THAN $0.01 - THE LOAN BALANCE WAS NOT REDUCED!$29.12$13.40$13.40
2$29.12$13.39$0.00 WARNING PRINCIPAL PAYMENT IS LESS THAN $0.01 - THE LOAN BALANCE WAS NOT REDUCED!$29.12$26.79$26.79
3$29.12$13.39$0.00 WARNING PRINCIPAL PAYMENT IS LESS THAN $0.01 - THE LOAN BALANCE WAS NOT REDUCED!$29.11$40.18$40.19
4$29.11$13.39$0.00 WARNING PRINCIPAL PAYMENT IS LESS THAN $0.01 - THE LOAN BALANCE WAS NOT REDUCED!$29.11$53.58$53.59
5$29.11$13.39$0.01 WARNING PRINCIPAL PAYMENT IS LESS THAN $0.01 - THE LOAN BALANCE WAS NOT REDUCED!$29.10$66.96$66.98
6$29.10$13.39$0.01$29.09$80.35$80.38
7$29.09$13.38$0.01$29.08$93.73$93.78
8$29.08$13.38$0.02$29.05$107.11$107.17
9$29.05$13.37$0.03$29.02$120.47$120.57
10$29.02$13.35$0.05$28.98$133.82$133.97
11$28.98$13.33$0.07$28.91$147.15$147.36
12$28.91$13.30$0.10$28.81$160.45$160.76
13$28.81$13.25$0.14$28.67$173.71$174.16
14$28.67$13.19$0.21$28.46$186.90$187.55
15$28.46$13.09$0.30$28.16$199.99$200.95
16$28.16$12.95$0.44$27.71$212.94$214.35
17$27.71$12.75$0.65$27.06$225.69$227.74
18$27.06$12.45$0.95$26.12$238.14$241.14
19$26.12$12.01$1.38$24.73$250.15$254.54
20$24.73$11.38$2.02$22.71$261.53$267.93
21$22.71$10.45$2.95$19.77$271.98$281.33
22$19.77$9.09$4.30$15.46$281.07$294.73
23$15.46$7.11$6.28$9.18$288.18$308.12
24$9.18$4.22$9.18$-0.00$292.40$321.52