Amortization Schedule

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

Total Payments
$10,100.29
Total Interest
$100.29
Number of Monthly Payments
15
Monthly Payment
$673.35
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$10,000.00$12.50$660.85$9,339.15$12.50$673.35
2$9,339.15$11.67$661.68$8,677.47$24.17$1,346.71
3$8,677.47$10.85$662.51$8,014.96$35.02$2,020.06
4$8,014.96$10.02$663.33$7,351.63$45.04$2,693.41
5$7,351.63$9.19$664.16$6,687.47$54.23$3,366.76
6$6,687.47$8.36$664.99$6,022.47$62.59$4,040.12
7$6,022.47$7.53$665.82$5,356.65$70.12$4,713.47
8$5,356.65$6.70$666.66$4,689.99$76.81$5,386.82
9$4,689.99$5.86$667.49$4,022.50$82.67$6,060.17
10$4,022.50$5.03$668.32$3,354.18$87.70$6,733.53
11$3,354.18$4.19$669.16$2,685.02$91.90$7,406.88
12$2,685.02$3.36$670.00$2,015.02$95.25$8,080.23
13$2,015.02$2.52$670.83$1,344.18$97.77$8,753.59
14$1,344.18$1.68$671.67$672.51$99.45$9,426.94
15$672.51$0.84$672.51$-0.00$100.29$10,100.29