Amortization Schedule

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

Total Payments
$105.91
Total Interest
$5.91
Number of Monthly Payments
6
Monthly Payment
$17.65
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$100.00$1.67$15.99$84.01$1.67$17.65
2$84.01$1.40$16.25$67.76$3.07$35.30
3$67.76$1.13$16.52$51.24$4.20$52.96
4$51.24$0.85$16.80$34.44$5.05$70.61
5$34.44$0.57$17.08$17.36$5.62$88.26
6$17.36$0.29$17.36$-0.00$5.91$105.91