Amortization Schedule

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

Total Payments
$10,058.39
Total Interest
$58.39
Number of Monthly Payments
3
Monthly Payment
$3,352.80
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$10,000.00$29.17$3,323.63$6,676.37$29.17$3,352.80
2$6,676.37$19.47$3,333.32$3,343.05$48.64$6,705.59
3$3,343.05$9.75$3,343.05$0.00$58.39$10,058.39