Amortization Schedule

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

Total Payments
$102.07
Total Interest
$2.07
Number of Monthly Payments
10
Monthly Payment
$10.21
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$100.00$0.38$9.83$90.17$0.38$10.21
2$90.17$0.34$9.87$80.30$0.71$20.41
3$80.30$0.30$9.91$70.39$1.01$30.62
4$70.39$0.26$9.94$60.45$1.28$40.83
5$60.45$0.23$9.98$50.47$1.50$51.04
6$50.47$0.19$10.02$40.45$1.69$61.24
7$40.45$0.15$10.06$30.39$1.85$71.45
8$30.39$0.11$10.09$20.30$1.96$81.66
9$20.30$0.08$10.13$10.17$2.04$91.87
10$10.17$0.04$10.17$-0.00$2.07$102.07