Amortization Schedule

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

Total Payments
$129.10
Total Interest
$29.10
Number of Monthly Payments
12
Monthly Payment
$10.76
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$100.00$4.17$6.59$93.41$4.17$10.76
2$93.41$3.89$6.87$86.54$8.06$21.52
3$86.54$3.61$7.15$79.39$11.66$32.28
4$79.39$3.31$7.45$71.94$14.97$43.03
5$71.94$3.00$7.76$64.18$17.97$53.79
6$64.18$2.67$8.08$56.09$20.64$64.55
7$56.09$2.34$8.42$47.67$22.98$75.31
8$47.67$1.99$8.77$38.90$24.97$86.07
9$38.90$1.62$9.14$29.76$26.59$96.83
10$29.76$1.24$9.52$20.24$27.83$107.59
11$20.24$0.84$9.92$10.33$28.67$118.34
12$10.33$0.43$10.33$0.00$29.10$129.10