Amortization Schedule

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

Total Payments
$10,250.69
Total Interest
$250.69
Number of Monthly Payments
2
Monthly Payment
$5,125.34
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$10,000.00$166.67$4,958.68$5,041.32$166.67$5,125.34
2$5,041.32$84.02$5,041.32$-0.00$250.69$10,250.69