Amortization Schedule

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

Total Payments
$10,016.05
Total Interest
$16.05
Number of Monthly Payments
6
Monthly Payment
$1,669.34
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$10,000.00$4.58$1,664.76$8,335.24$4.58$1,669.34
2$8,335.24$3.82$1,665.52$6,669.72$8.40$3,338.68
3$6,669.72$3.06$1,666.28$5,003.44$11.46$5,008.02
4$5,003.44$2.29$1,667.05$3,336.39$13.75$6,677.37
5$3,336.39$1.53$1,667.81$1,668.58$15.28$8,346.71
6$1,668.58$0.76$1,668.58$-0.00$16.05$10,016.05