Amortization Schedule

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

Total Payments
$10,033.18
Total Interest
$33.18
Number of Monthly Payments
3
Monthly Payment
$3,344.39
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$10,000.00$16.58$3,327.81$6,672.19$16.58$3,344.39
2$6,672.19$11.06$3,333.33$3,338.86$27.65$6,688.79
3$3,338.86$5.54$3,338.86$-0.00$33.18$10,033.18