Amortization Schedule

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

Total Payments
$10,128.72
Total Interest
$128.72
Number of Monthly Payments
6
Monthly Payment
$1,688.12
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$10,000.00$36.67$1,651.45$8,348.55$36.67$1,688.12
2$8,348.55$30.61$1,657.51$6,691.04$67.28$3,376.24
3$6,691.04$24.53$1,663.59$5,027.45$91.81$5,064.36
4$5,027.45$18.43$1,669.69$3,357.76$110.25$6,752.48
5$3,357.76$12.31$1,675.81$1,681.95$122.56$8,440.60
6$1,681.95$6.17$1,681.95$0.00$128.72$10,128.72