Amortization Schedule

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

Total Payments
$10,058.12
Total Interest
$58.12
Number of Monthly Payments
6
Monthly Payment
$1,676.35
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$10,000.00$16.58$1,659.77$8,340.23$16.58$1,676.35
2$8,340.23$13.83$1,662.52$6,677.71$30.41$3,352.71
3$6,677.71$11.07$1,665.28$5,012.43$41.49$5,029.06
4$5,012.43$8.31$1,668.04$3,344.39$49.80$6,705.41
5$3,344.39$5.55$1,670.81$1,673.58$55.35$8,381.77
6$1,673.58$2.78$1,673.58$-0.00$58.12$10,058.12