Amortization Schedule

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

Total Payments
$10,326.16
Total Interest
$326.16
Number of Monthly Payments
2
Monthly Payment
$5,163.08
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$10,000.00$216.67$4,946.41$5,053.59$216.67$5,163.08
2$5,053.59$109.49$5,053.59$0.00$326.16$10,326.16