Amortization Schedule

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

Total Payments
$10,066.80
Total Interest
$66.80
Number of Monthly Payments
15
Monthly Payment
$671.12
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$10,000.00$8.33$662.79$9,337.21$8.33$671.12
2$9,337.21$7.78$663.34$8,673.87$16.11$1,342.24
3$8,673.87$7.23$663.89$8,009.98$23.34$2,013.36
4$8,009.98$6.67$664.44$7,345.54$30.02$2,684.48
5$7,345.54$6.12$665.00$6,680.54$36.14$3,355.60
6$6,680.54$5.57$665.55$6,014.99$41.71$4,026.72
7$6,014.99$5.01$666.11$5,348.88$46.72$4,697.84
8$5,348.88$4.46$666.66$4,682.22$51.18$5,368.96
9$4,682.22$3.90$667.22$4,015.00$55.08$6,040.08
10$4,015.00$3.35$667.77$3,347.23$58.42$6,711.20
11$3,347.23$2.79$668.33$2,678.90$61.21$7,382.32
12$2,678.90$2.23$668.89$2,010.01$63.45$8,053.44
13$2,010.01$1.68$669.44$1,340.56$65.12$8,724.56
14$1,340.56$1.12$670.00$670.56$66.24$9,395.68
15$670.56$0.56$670.56$-0.00$66.80$10,066.80