Amortization Schedule

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

Total Payments
$1,347.11
Total Interest
$347.11
Number of Monthly Payments
4
Monthly Payment
$336.78
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$1,000.00$130.83$205.94$794.06$130.83$336.78
2$794.06$103.89$232.89$561.17$234.72$673.55
3$561.17$73.42$263.36$297.81$308.14$1,010.33
4$297.81$38.96$297.81$0.00$347.11$1,347.11