Amortization Schedule

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

Total Payments
$1,149.22
Total Interest
$149.22
Number of Monthly Payments
12
Monthly Payment
$95.77
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$1,000.00$22.08$73.69$926.31$22.08$95.77
2$926.31$20.45$75.32$850.99$42.52$191.54
3$850.99$18.79$76.98$774.00$61.31$287.31
4$774.00$17.09$78.68$695.32$78.39$383.07
5$695.32$15.35$80.42$614.90$93.74$478.84
6$614.90$13.57$82.19$532.71$107.32$574.61
7$532.71$11.76$84.01$448.70$119.08$670.38
8$448.70$9.90$85.86$362.83$128.98$766.15
9$362.83$8.01$87.76$275.07$136.99$861.92
10$275.07$6.07$89.70$185.38$143.06$957.69
11$185.38$4.09$91.68$93.70$147.16$1,053.46
12$93.70$2.07$93.70$0.00$149.22$1,149.22