Amortization Schedule

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

Total Payments
$10,055.49
Total Interest
$55.49
Number of Monthly Payments
6
Monthly Payment
$1,675.91
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$10,000.00$15.83$1,660.08$8,339.92$15.83$1,675.91
2$8,339.92$13.20$1,662.71$6,677.21$29.04$3,351.83
3$6,677.21$10.57$1,665.34$5,011.87$39.61$5,027.74
4$5,011.87$7.94$1,667.98$3,343.89$47.55$6,703.66
5$3,343.89$5.29$1,670.62$1,673.27$52.84$8,379.57
6$1,673.27$2.65$1,673.27$-0.00$55.49$10,055.49