Amortization Schedule

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

Total Payments
$10,001.35
Total Interest
$1.35
Number of Monthly Payments
12
Monthly Payment
$833.45
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$10,000.00$0.21$833.24$9,166.76$0.21$833.45
2$9,166.76$0.19$833.26$8,333.51$0.40$1,666.89
3$8,333.51$0.17$833.27$7,500.23$0.57$2,500.34
4$7,500.23$0.16$833.29$6,666.94$0.73$3,333.78
5$6,666.94$0.14$833.31$5,833.64$0.87$4,167.23
6$5,833.64$0.12$833.32$5,000.31$0.99$5,000.68
7$5,000.31$0.10$833.34$4,166.97$1.09$5,834.12
8$4,166.97$0.09$833.36$3,333.61$1.18$6,667.57
9$3,333.61$0.07$833.38$2,500.23$1.25$7,501.02
10$2,500.23$0.05$833.39$1,666.84$1.30$8,334.46
11$1,666.84$0.03$833.41$833.43$1.34$9,167.91
12$833.43$0.02$833.43$0.00$1.35$10,001.35