Amortization Schedule

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

Total Payments
$10,741.69
Total Interest
$741.69
Number of Monthly Payments
6
Monthly Payment
$1,790.28
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$10,000.00$208.33$1,581.95$8,418.05$208.33$1,790.28
2$8,418.05$175.38$1,614.91$6,803.15$383.71$3,580.56
3$6,803.15$141.73$1,648.55$5,154.60$525.44$5,370.85
4$5,154.60$107.39$1,682.89$3,471.70$632.83$7,161.13
5$3,471.70$72.33$1,717.95$1,753.75$705.16$8,951.41
6$1,753.75$36.54$1,753.75$-0.00$741.69$10,741.69