Amortization Schedule

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

Total Payments
$1,354.10
Total Interest
$354.10
Number of Monthly Payments
4
Monthly Payment
$338.53
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$1,000.00$133.33$205.19$794.81$133.33$338.53
2$794.81$105.97$232.55$562.26$239.31$677.05
3$562.26$74.97$263.56$298.70$314.28$1,015.58
4$298.70$39.83$298.70$-0.00$354.10$1,354.10