Amortization Schedule

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

Total Payments
$326.18
Total Interest
$297.06
Number of Monthly Payments
24
Monthly Payment
$13.59
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$29.12$13.59$0.00 WARNING PRINCIPAL PAYMENT IS LESS THAN $0.01 - THE LOAN BALANCE WAS NOT REDUCED!$29.12$13.59$13.59
2$29.12$13.59$0.00 WARNING PRINCIPAL PAYMENT IS LESS THAN $0.01 - THE LOAN BALANCE WAS NOT REDUCED!$29.12$27.18$27.18
3$29.12$13.59$0.00 WARNING PRINCIPAL PAYMENT IS LESS THAN $0.01 - THE LOAN BALANCE WAS NOT REDUCED!$29.11$40.77$40.77
4$29.11$13.59$0.00 WARNING PRINCIPAL PAYMENT IS LESS THAN $0.01 - THE LOAN BALANCE WAS NOT REDUCED!$29.11$54.35$54.36
5$29.11$13.58$0.01 WARNING PRINCIPAL PAYMENT IS LESS THAN $0.01 - THE LOAN BALANCE WAS NOT REDUCED!$29.10$67.94$67.95
6$29.10$13.58$0.01 WARNING PRINCIPAL PAYMENT IS LESS THAN $0.01 - THE LOAN BALANCE WAS NOT REDUCED!$29.09$81.52$81.54
7$29.09$13.58$0.01$29.08$95.09$95.14
8$29.08$13.57$0.02$29.06$108.67$108.73
9$29.06$13.56$0.03$29.03$122.23$122.32
10$29.03$13.55$0.04$28.99$135.77$135.91
11$28.99$13.53$0.06$28.92$149.30$149.50
12$28.92$13.50$0.09$28.83$162.80$163.09
13$28.83$13.45$0.14$28.69$176.25$176.68
14$28.69$13.39$0.20$28.49$189.64$190.27
15$28.49$13.30$0.30$28.20$202.94$203.86
16$28.20$13.16$0.43$27.76$216.09$217.45
17$27.76$12.96$0.63$27.13$229.05$231.04
18$27.13$12.66$0.93$26.20$241.71$244.63
19$26.20$12.23$1.37$24.83$253.94$258.22
20$24.83$11.59$2.00$22.83$265.52$271.81
21$22.83$10.65$2.94$19.89$276.18$285.41
22$19.89$9.28$4.31$15.58$285.46$299.00
23$15.58$7.27$6.32$9.27$292.73$312.59
24$9.27$4.32$9.27$-0.00$297.06$326.18