Amortization Schedule

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

Total Payments
$229.30
Total Interest
$129.30
Number of Monthly Payments
12
Monthly Payment
$19.11
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$100.00$15.83$3.28$96.72$15.83$19.11
2$96.72$15.31$3.79$92.93$31.15$38.22
3$92.93$14.71$4.39$88.54$45.86$57.33
4$88.54$14.02$5.09$83.45$59.88$76.43
5$83.45$13.21$5.90$77.55$73.09$95.54
6$77.55$12.28$6.83$70.72$85.37$114.65
7$70.72$11.20$7.91$62.81$96.57$133.76
8$62.81$9.95$9.16$53.65$106.51$152.87
9$53.65$8.49$10.61$43.03$115.01$171.98
10$43.03$6.81$12.29$30.74$121.82$191.08
11$30.74$4.87$14.24$16.50$126.69$210.19
12$16.50$2.61$16.50$-0.00$129.30$229.30