Amortization Schedule

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

Total Payments
$101.38
Total Interest
$1.38
Number of Monthly Payments
10
Monthly Payment
$10.14
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$100.00$0.25$9.89$90.11$0.25$10.14
2$90.11$0.23$9.91$80.20$0.48$20.28
3$80.20$0.20$9.94$70.26$0.68$30.41
4$70.26$0.18$9.96$60.30$0.85$40.55
5$60.30$0.15$9.99$50.31$1.00$50.69
6$50.31$0.13$10.01$40.30$1.13$60.83
7$40.30$0.10$10.04$30.26$1.23$70.97
8$30.26$0.08$10.06$20.20$1.30$81.10
9$20.20$0.05$10.09$10.11$1.35$91.24
10$10.11$0.03$10.11$-0.00$1.38$101.38