Amortization Schedule

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

Total Payments
$100.11
Total Interest
$0.11
Number of Monthly Payments
12
Monthly Payment
$8.34
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$100.00$0.02$8.33$91.67$0.02$8.34
2$91.67$0.02$8.33$83.35$0.03$16.68
3$83.35$0.01$8.33$75.02$0.05$25.03
4$75.02$0.01$8.33$66.69$0.06$33.37
5$66.69$0.01$8.33$58.36$0.07$41.71
6$58.36$0.01$8.33$50.02$0.08$50.05
7$50.02$0.01$8.33$41.69$0.09$58.40
8$41.69$0.01$8.34$33.36$0.09$66.74
9$33.36$0.01$8.34$25.02$0.10$75.08
10$25.02$0.00$8.34$16.68$0.10$83.42
11$16.68$0.00$8.34$8.34$0.11$91.77
12$8.34$0.00$8.34$-0.00$0.11$100.11