Amortization Schedule

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

Total Payments
$10,041.70
Total Interest
$41.70
Number of Monthly Payments
3
Monthly Payment
$3,347.23
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$10,000.00$20.83$3,326.40$6,673.60$20.83$3,347.23
2$6,673.60$13.90$3,333.33$3,340.27$34.74$6,694.46
3$3,340.27$6.96$3,340.27$0.00$41.70$10,041.70