Amortization Schedule

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

Total Payments
$13,090.00
Total Interest
$12,390.00
Number of Monthly Payments
34
Monthly Payment
$385.00
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$700.00$385.00$0.00 WARNING PRINCIPAL PAYMENT IS LESS THAN $0.01 - THE LOAN BALANCE WAS NOT REDUCED!$700.00$385.00$385.00
2$700.00$385.00$0.00 WARNING PRINCIPAL PAYMENT IS LESS THAN $0.01 - THE LOAN BALANCE WAS NOT REDUCED!$700.00$770.00$770.00
3$700.00$385.00$0.00 WARNING PRINCIPAL PAYMENT IS LESS THAN $0.01 - THE LOAN BALANCE WAS NOT REDUCED!$700.00$1,155.00$1,155.00
4$700.00$385.00$0.00 WARNING PRINCIPAL PAYMENT IS LESS THAN $0.01 - THE LOAN BALANCE WAS NOT REDUCED!$700.00$1,540.00$1,540.00
5$700.00$385.00$0.00 WARNING PRINCIPAL PAYMENT IS LESS THAN $0.01 - THE LOAN BALANCE WAS NOT REDUCED!$700.00$1,925.00$1,925.00
6$700.00$385.00$0.00 WARNING PRINCIPAL PAYMENT IS LESS THAN $0.01 - THE LOAN BALANCE WAS NOT REDUCED!$700.00$2,310.00$2,310.00
7$700.00$385.00$0.00 WARNING PRINCIPAL PAYMENT IS LESS THAN $0.01 - THE LOAN BALANCE WAS NOT REDUCED!$700.00$2,695.00$2,695.00
8$700.00$385.00$0.00 WARNING PRINCIPAL PAYMENT IS LESS THAN $0.01 - THE LOAN BALANCE WAS NOT REDUCED!$699.99$3,079.99$3,080.00
9$699.99$385.00$0.00 WARNING PRINCIPAL PAYMENT IS LESS THAN $0.01 - THE LOAN BALANCE WAS NOT REDUCED!$699.99$3,464.99$3,465.00
10$699.99$384.99$0.01 WARNING PRINCIPAL PAYMENT IS LESS THAN $0.01 - THE LOAN BALANCE WAS NOT REDUCED!$699.98$3,849.98$3,850.00
11$699.98$384.99$0.01$699.97$4,234.97$4,235.00
12$699.97$384.98$0.02$699.95$4,619.96$4,620.00
13$699.95$384.98$0.03$699.93$5,004.93$5,005.00
14$699.93$384.96$0.04$699.89$5,389.89$5,390.00
15$699.89$384.94$0.06$699.83$5,774.83$5,775.00
16$699.83$384.91$0.09$699.74$6,159.74$6,160.00
17$699.74$384.86$0.14$699.59$6,544.60$6,545.00
18$699.59$384.78$0.22$699.37$6,929.37$6,930.00
19$699.37$384.65$0.35$699.02$7,314.03$7,315.00
20$699.02$384.46$0.54$698.49$7,698.49$7,700.00
21$698.49$384.17$0.83$697.65$8,082.65$8,085.00
22$697.65$383.71$1.29$696.36$8,466.36$8,470.00
23$696.36$383.00$2.00$694.36$8,849.36$8,855.00
24$694.36$381.90$3.10$691.25$9,231.26$9,240.00
25$691.25$380.19$4.81$686.44$9,611.45$9,625.00
26$686.44$377.54$7.46$678.99$9,988.99$10,010.00
27$678.99$373.44$11.56$667.43$10,362.44$10,395.00
28$667.43$367.09$17.91$649.52$10,729.53$10,780.00
29$649.52$357.24$27.76$621.76$11,086.76$11,165.00
30$621.76$341.97$43.03$578.73$11,428.73$11,550.00
31$578.73$318.30$66.70$512.02$11,747.03$11,935.00
32$512.02$281.61$103.39$408.64$12,028.64$12,320.00
33$408.64$224.75$160.25$248.39$12,253.39$12,705.00
34$248.39$136.61$248.39$0.00$12,390.00$13,090.00