Amortization Schedule

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

Total Payments
$10,018.25
Total Interest
$18.25
Number of Monthly Payments
2
Monthly Payment
$5,009.13
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$10,000.00$12.17$4,996.96$5,003.04$12.17$5,009.13
2$5,003.04$6.09$5,003.04$-0.00$18.25$10,018.25