Amortization Schedule

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

Total Payments
$104.03
Total Interest
$4.03
Number of Monthly Payments
3
Monthly Payment
$34.68
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$100.00$2.00$32.68$67.32$2.00$34.68
2$67.32$1.35$33.33$34.00$3.35$69.35
3$34.00$0.68$34.00$0.00$4.03$104.03