Amortization Schedule

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

Total Payments
$10,093.54
Total Interest
$93.54
Number of Monthly Payments
6
Monthly Payment
$1,682.26
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$10,000.00$26.67$1,655.59$8,344.41$26.67$1,682.26
2$8,344.41$22.25$1,660.00$6,684.40$48.92$3,364.51
3$6,684.40$17.83$1,664.43$5,019.97$66.74$5,046.77
4$5,019.97$13.39$1,668.87$3,351.10$80.13$6,729.03
5$3,351.10$8.94$1,673.32$1,677.78$89.07$8,411.28
6$1,677.78$4.47$1,677.78$-0.00$93.54$10,093.54