Amortization Schedule

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

Total Payments
$10,037.52
Total Interest
$37.52
Number of Monthly Payments
2
Monthly Payment
$5,018.76
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$10,000.00$25.00$4,993.76$5,006.24$25.00$5,018.76
2$5,006.24$12.52$5,006.24$-0.00$37.52$10,037.52