Amortization Schedule

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

Total Payments
$113.56
Total Interest
$13.56
Number of Monthly Payments
18
Monthly Payment
$6.31
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$100.00$1.37$4.93$95.07$1.37$6.31
2$95.07$1.31$5.00$90.06$2.68$12.62
3$90.06$1.24$5.07$84.99$3.92$18.93
4$84.99$1.17$5.14$79.85$5.09$25.24
5$79.85$1.10$5.21$74.64$6.18$31.54
6$74.64$1.03$5.28$69.36$7.21$37.85
7$69.36$0.95$5.36$64.00$8.16$44.16
8$64.00$0.88$5.43$58.57$9.04$50.47
9$58.57$0.80$5.50$53.07$9.85$56.78
10$53.07$0.73$5.58$47.49$10.58$63.09
11$47.49$0.65$5.66$41.83$11.23$69.40
12$41.83$0.57$5.73$36.10$11.80$75.71
13$36.10$0.50$5.81$30.28$12.30$82.01
14$30.28$0.42$5.89$24.39$12.72$88.32
15$24.39$0.34$5.97$18.42$13.05$94.63
16$18.42$0.25$6.06$12.36$13.30$100.94
17$12.36$0.17$6.14$6.22$13.47$107.25
18$6.22$0.09$6.22$0.00$13.56$113.56