Amortization Schedule

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

Total Payments
$0.46
Total Interest
$0.36
Number of Monthly Payments
12
Monthly Payment
$0.04
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$0.10$0.04$0.00 WARNING PRINCIPAL PAYMENT IS LESS THAN $0.01 - THE LOAN BALANCE WAS NOT REDUCED!$0.10$0.04$0.04
2$0.10$0.04$0.00 WARNING PRINCIPAL PAYMENT IS LESS THAN $0.01 - THE LOAN BALANCE WAS NOT REDUCED!$0.10$0.07$0.08
3$0.10$0.04$0.00 WARNING PRINCIPAL PAYMENT IS LESS THAN $0.01 - THE LOAN BALANCE WAS NOT REDUCED!$0.10$0.11$0.11
4$0.10$0.04$0.00 WARNING PRINCIPAL PAYMENT IS LESS THAN $0.01 - THE LOAN BALANCE WAS NOT REDUCED!$0.09$0.15$0.15
5$0.09$0.03$0.00 WARNING PRINCIPAL PAYMENT IS LESS THAN $0.01 - THE LOAN BALANCE WAS NOT REDUCED!$0.09$0.18$0.19
6$0.09$0.03$0.00 WARNING PRINCIPAL PAYMENT IS LESS THAN $0.01 - THE LOAN BALANCE WAS NOT REDUCED!$0.09$0.22$0.23
7$0.09$0.03$0.01 WARNING PRINCIPAL PAYMENT IS LESS THAN $0.01 - THE LOAN BALANCE WAS NOT REDUCED!$0.08$0.25$0.27
8$0.08$0.03$0.01 WARNING PRINCIPAL PAYMENT IS LESS THAN $0.01 - THE LOAN BALANCE WAS NOT REDUCED!$0.07$0.28$0.30
9$0.07$0.03$0.01$0.06$0.30$0.34
10$0.06$0.02$0.01$0.05$0.33$0.38
11$0.05$0.02$0.02$0.03$0.35$0.42
12$0.03$0.01$0.03$-0.00$0.36$0.46