Amortization Schedule

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

Total Payments
$10,217.44
Total Interest
$217.44
Number of Monthly Payments
3
Monthly Payment
$3,405.81
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$10,000.00$108.33$3,297.48$6,702.52$108.33$3,405.81
2$6,702.52$72.61$3,333.20$3,369.31$180.94$6,811.63
3$3,369.31$36.50$3,369.31$-0.00$217.44$10,217.44