Amortization Schedule

Amount of Loan

Annual Interest Rate (in percent)

Length of Loan (in months)

Total Payments $1,019.34

Total Interest $19.34

Number of Monthly Payments 6

Monthly Payment $169.89

Payment Number	Beginning Balance	Interest Payment	Principal Payment	Ending Balance	Cumulative Interest	Cumulative Payments
1	$1,000.00	$5.50	$164.39	$835.61	$5.50	$169.89
2	$835.61	$4.60	$165.29	$670.32	$10.10	$339.78
3	$670.32	$3.69	$166.20	$504.11	$13.78	$509.67
4	$504.11	$2.77	$167.12	$337.00	$16.56	$679.56
5	$337.00	$1.85	$168.04	$168.96	$18.41	$849.45
6	$168.96	$0.93	$168.96	$0.00	$19.34	$1,019.34