Amortization Schedule

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

Total Payments
$1,232.50
Total Interest
$232.50
Number of Monthly Payments
1
Monthly Payment
$1,232.50
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$1,000.00$232.50$1,000.00$-0.00$232.50$1,232.50