Amortization Schedule

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

Total Payments
$237.32
Total Interest
$137.32
Number of Monthly Payments
12
Monthly Payment
$19.78
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$100.00$16.67$3.11$96.89$16.67$19.78
2$96.89$16.15$3.63$93.26$32.81$39.55
3$93.26$15.54$4.23$89.03$48.36$59.33
4$89.03$14.84$4.94$84.09$63.20$79.11
5$84.09$14.01$5.76$78.33$77.21$98.88
6$78.33$13.05$6.72$71.60$90.27$118.66
7$71.60$11.93$7.84$63.76$102.20$138.44
8$63.76$10.63$9.15$54.61$112.83$158.22
9$54.61$9.10$10.68$43.94$121.93$177.99
10$43.94$7.32$12.45$31.48$129.25$197.77
11$31.48$5.25$14.53$16.95$134.50$217.55
12$16.95$2.83$16.95$0.00$137.32$237.32