Amortization Schedule

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

Total Payments
$236.52
Total Interest
$136.52
Number of Monthly Payments
12
Monthly Payment
$19.71
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$100.00$16.58$3.13$96.87$16.58$19.71
2$96.87$16.06$3.64$93.23$32.65$39.42
3$93.23$15.46$4.25$88.98$48.11$59.13
4$88.98$14.76$4.95$84.03$62.86$78.84
5$84.03$13.93$5.78$78.25$76.80$98.55
6$78.25$12.98$6.73$71.52$89.78$118.26
7$71.52$11.86$7.85$63.67$101.63$137.97
8$63.67$10.56$9.15$54.52$112.19$157.68
9$54.52$9.04$10.67$43.85$121.23$177.39
10$43.85$7.27$12.44$31.41$128.50$197.10
11$31.41$5.21$14.50$16.91$133.71$216.81
12$16.91$2.80$16.91$-0.00$136.52$236.52