Amortization Schedule

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

Total Payments
$105.72
Total Interest
$5.72
Number of Monthly Payments
3
Monthly Payment
$35.24
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$100.00$2.83$32.41$67.59$2.83$35.24
2$67.59$1.92$33.32$34.27$4.75$70.48
3$34.27$0.97$34.27$-0.00$5.72$105.72