Amortization Schedule

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

Total Payments
$145.10
Total Interest
$45.10
Number of Monthly Payments
12
Monthly Payment
$12.09
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$100.00$6.25$5.84$94.16$6.25$12.09
2$94.16$5.88$6.21$87.95$12.13$24.18
3$87.95$5.50$6.59$81.36$17.63$36.28
4$81.36$5.08$7.01$74.35$22.72$48.37
5$74.35$4.65$7.44$66.90$27.36$60.46
6$66.90$4.18$7.91$58.99$31.55$72.55
7$58.99$3.69$8.40$50.59$35.23$84.64
8$50.59$3.16$8.93$41.66$38.39$96.73
9$41.66$2.60$9.49$32.17$41.00$108.83
10$32.17$2.01$10.08$22.09$43.01$120.92
11$22.09$1.38$10.71$11.38$44.39$133.01
12$11.38$0.71$11.38$-0.00$45.10$145.10