Amortization Schedule

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

Total Payments
$154.29
Total Interest
$54.29
Number of Monthly Payments
6
Monthly Payment
$25.72
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$100.00$14.00$11.72$88.28$14.00$25.72
2$88.28$12.36$13.36$74.93$26.36$51.43
3$74.93$10.49$15.23$59.70$36.85$77.15
4$59.70$8.36$17.36$42.35$45.21$102.86
5$42.35$5.93$19.79$22.56$51.14$128.58
6$22.56$3.16$22.56$0.00$54.29$154.29