Amortization Schedule

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

Total Payments
$1,011.04
Total Interest
$11.04
Number of Monthly Payments
15
Monthly Payment
$67.40
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$1,000.00$1.38$66.03$933.97$1.38$67.40
2$933.97$1.28$66.12$867.85$2.66$134.80
3$867.85$1.19$66.21$801.65$3.85$202.21
4$801.65$1.10$66.30$735.35$4.95$269.61
5$735.35$1.01$66.39$668.95$5.97$337.01
6$668.95$0.92$66.48$602.47$6.89$404.41
7$602.47$0.83$66.57$535.90$7.71$471.82
8$535.90$0.74$66.67$469.23$8.45$539.22
9$469.23$0.65$66.76$402.47$9.10$606.62
10$402.47$0.55$66.85$335.63$9.65$674.02
11$335.63$0.46$66.94$268.69$10.11$741.43
12$268.69$0.37$67.03$201.65$10.48$808.83
13$201.65$0.28$67.13$134.53$10.76$876.23
14$134.53$0.18$67.22$67.31$10.94$943.63
15$67.31$0.09$67.31$-0.00$11.04$1,011.04