Amortization Schedule

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

Total Payments
$10,284.66
Total Interest
$284.66
Number of Monthly Payments
3
Monthly Payment
$3,428.22
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$10,000.00$141.67$3,286.55$6,713.45$141.67$3,428.22
2$6,713.45$95.11$3,333.11$3,380.33$236.77$6,856.44
3$3,380.33$47.89$3,380.33$-0.00$284.66$10,284.66