Amortization Schedule

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

Total Payments
$1,134.66
Total Interest
$134.66
Number of Monthly Payments
12
Monthly Payment
$94.55
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$1,000.00$19.99$74.56$925.44$19.99$94.55
2$925.44$18.50$76.05$849.38$38.49$189.11
3$849.38$16.98$77.57$771.81$55.47$283.66
4$771.81$15.43$79.13$692.68$70.90$378.22
5$692.68$13.85$80.71$611.98$84.75$472.77
6$611.98$12.23$82.32$529.66$96.99$567.33
7$529.66$10.59$83.97$445.69$107.57$661.88
8$445.69$8.91$85.64$360.05$116.48$756.44
9$360.05$7.20$87.36$272.69$123.68$850.99
10$272.69$5.45$89.10$183.59$129.13$945.55
11$183.59$3.67$90.88$92.70$132.80$1,040.10
12$92.70$1.85$92.70$-0.00$134.66$1,134.66