Amortization Schedule

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

Total Payments
$10,764.88
Total Interest
$764.88
Number of Monthly Payments
9
Monthly Payment
$1,196.10
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$10,000.00$150.00$1,046.10$8,953.90$150.00$1,196.10
2$8,953.90$134.31$1,061.79$7,892.11$284.31$2,392.20
3$7,892.11$118.38$1,077.72$6,814.40$402.69$3,588.29
4$6,814.40$102.22$1,093.88$5,720.51$504.91$4,784.39
5$5,720.51$85.81$1,110.29$4,610.22$590.71$5,980.49
6$4,610.22$69.15$1,126.94$3,483.28$659.87$7,176.59
7$3,483.28$52.25$1,143.85$2,339.43$712.12$8,372.69
8$2,339.43$35.09$1,161.01$1,178.42$747.21$9,568.79
9$1,178.42$17.68$1,178.42$-0.00$764.88$10,764.88