Amortization Schedule

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

Total Payments
$102.58
Total Interest
$2.58
Number of Monthly Payments
10
Monthly Payment
$10.26
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$100.00$0.47$9.79$90.21$0.47$10.26
2$90.21$0.42$9.84$80.37$0.89$20.52
3$80.37$0.38$9.88$70.49$1.26$30.78
4$70.49$0.33$9.93$60.56$1.59$41.03
5$60.56$0.28$9.98$50.58$1.87$51.29
6$50.58$0.24$10.02$40.56$2.11$61.55
7$40.56$0.19$10.07$30.49$2.30$71.81
8$30.49$0.14$10.12$20.37$2.44$82.07
9$20.37$0.10$10.16$10.21$2.54$92.33
10$10.21$0.05$10.21$-0.00$2.58$102.58