Amortization Schedule

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

Total Payments
$10,498.66
Total Interest
$498.66
Number of Monthly Payments
6
Monthly Payment
$1,749.78
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$10,000.00$140.83$1,608.94$8,391.06$140.83$1,749.78
2$8,391.06$118.17$1,631.60$6,759.45$259.01$3,499.55
3$6,759.45$95.20$1,654.58$5,104.87$354.20$5,249.33
4$5,104.87$71.89$1,677.88$3,426.99$426.10$6,999.11
5$3,426.99$48.26$1,701.51$1,725.48$474.36$8,748.88
6$1,725.48$24.30$1,725.48$-0.00$498.66$10,498.66