Amortization Schedule

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

Total Payments
$10,075.09
Total Interest
$75.09
Number of Monthly Payments
3
Monthly Payment
$3,358.36
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$10,000.00$37.50$3,320.86$6,679.14$37.50$3,358.36
2$6,679.14$25.05$3,333.32$3,345.82$62.55$6,716.73
3$3,345.82$12.55$3,345.82$-0.00$75.09$10,075.09