Amortization Schedule

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

Total Payments
$10,065.07
Total Interest
$65.07
Number of Monthly Payments
3
Monthly Payment
$3,355.02
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$10,000.00$32.50$3,322.52$6,677.48$32.50$3,355.02
2$6,677.48$21.70$3,333.32$3,344.15$54.20$6,710.05
3$3,344.15$10.87$3,344.15$-0.00$65.07$10,065.07