Amortization Schedule

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

Total Payments
$102.31
Total Interest
$2.31
Number of Monthly Payments
10
Monthly Payment
$10.23
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$100.00$0.42$9.81$90.19$0.42$10.23
2$90.19$0.38$9.85$80.33$0.79$20.46
3$80.33$0.33$9.90$70.44$1.13$30.69
4$70.44$0.29$9.94$60.50$1.42$40.92
5$60.50$0.25$9.98$50.52$1.67$51.15
6$50.52$0.21$10.02$40.50$1.88$61.38
7$40.50$0.17$10.06$30.44$2.05$71.61
8$30.44$0.13$10.10$20.33$2.18$81.84
9$20.33$0.08$10.15$10.19$2.26$92.08
10$10.19$0.04$10.19$-0.00$2.31$102.31