Amortization Schedule

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

Total Payments
$1.10
Total Interest
$0.10
Number of Monthly Payments
36
Monthly Payment
$0.03
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$1.00$0.01$0.03$0.97$0.01$0.03
2$0.97$0.00$0.03$0.95$0.01$0.06
3$0.95$0.00$0.03$0.92$0.01$0.09
4$0.92$0.00$0.03$0.90$0.02$0.12
5$0.90$0.00$0.03$0.87$0.02$0.15
6$0.87$0.00$0.03$0.85$0.03$0.18
7$0.85$0.00$0.03$0.82$0.03$0.21
8$0.82$0.00$0.03$0.79$0.04$0.24
9$0.79$0.00$0.03$0.77$0.04$0.27
10$0.77$0.00$0.03$0.74$0.04$0.30
11$0.74$0.00$0.03$0.71$0.05$0.33
12$0.71$0.00$0.03$0.69$0.05$0.37
13$0.69$0.00$0.03$0.66$0.05$0.40
14$0.66$0.00$0.03$0.63$0.06$0.43
15$0.63$0.00$0.03$0.61$0.06$0.46
16$0.61$0.00$0.03$0.58$0.06$0.49
17$0.58$0.00$0.03$0.55$0.07$0.52
18$0.55$0.00$0.03$0.52$0.07$0.55
19$0.52$0.00$0.03$0.49$0.07$0.58
20$0.49$0.00$0.03$0.47$0.08$0.61
21$0.47$0.00$0.03$0.44$0.08$0.64
22$0.44$0.00$0.03$0.41$0.08$0.67
23$0.41$0.00$0.03$0.38$0.08$0.70
24$0.38$0.00$0.03$0.35$0.08$0.73
25$0.35$0.00$0.03$0.32$0.09$0.76
26$0.32$0.00$0.03$0.30$0.09$0.79
27$0.30$0.00$0.03$0.27$0.09$0.82
28$0.27$0.00$0.03$0.24$0.09$0.85
29$0.24$0.00$0.03$0.21$0.09$0.88
30$0.21$0.00$0.03$0.18$0.09$0.91
31$0.18$0.00$0.03$0.15$0.09$0.94
32$0.15$0.00$0.03$0.12$0.09$0.97
33$0.12$0.00$0.03$0.09$0.09$1.00
34$0.09$0.00$0.03$0.06$0.09$1.03
35$0.06$0.00$0.03$0.03$0.10$1.06
36$0.03$0.00$0.03$-0.00$0.10$1.10