Amortization Schedule

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

Total Payments
$1.30
Total Interest
$0.10
Number of Monthly Payments
30
Monthly Payment
$0.04
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$1.20$0.01$0.04$1.16$0.01$0.04
2$1.16$0.01$0.04$1.13$0.01$0.09
3$1.13$0.01$0.04$1.09$0.02$0.13
4$1.09$0.01$0.04$1.05$0.02$0.17
5$1.05$0.01$0.04$1.01$0.03$0.22
6$1.01$0.01$0.04$0.97$0.03$0.26
7$0.97$0.00$0.04$0.94$0.04$0.30
8$0.94$0.00$0.04$0.90$0.04$0.35
9$0.90$0.00$0.04$0.86$0.05$0.39
10$0.86$0.00$0.04$0.82$0.05$0.43
11$0.82$0.00$0.04$0.78$0.06$0.47
12$0.78$0.00$0.04$0.74$0.06$0.52
13$0.74$0.00$0.04$0.70$0.06$0.56
14$0.70$0.00$0.04$0.66$0.07$0.60
15$0.66$0.00$0.04$0.62$0.07$0.65
16$0.62$0.00$0.04$0.58$0.07$0.69
17$0.58$0.00$0.04$0.54$0.08$0.73
18$0.54$0.00$0.04$0.50$0.08$0.78
19$0.50$0.00$0.04$0.46$0.08$0.82
20$0.46$0.00$0.04$0.42$0.08$0.86
21$0.42$0.00$0.04$0.38$0.09$0.91
22$0.38$0.00$0.04$0.34$0.09$0.95
23$0.34$0.00$0.04$0.30$0.09$0.99
24$0.30$0.00$0.04$0.25$0.09$1.04
25$0.25$0.00$0.04$0.21$0.09$1.08
26$0.21$0.00$0.04$0.17$0.09$1.12
27$0.17$0.00$0.04$0.13$0.09$1.17
28$0.13$0.00$0.04$0.09$0.09$1.21
29$0.09$0.00$0.04$0.04$0.10$1.25
30$0.04$0.00$0.04$-0.00$0.10$1.30