Amortization Schedule

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

Total Payments
$10,086.79
Total Interest
$86.79
Number of Monthly Payments
3
Monthly Payment
$3,362.26
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$10,000.00$43.33$3,318.93$6,681.07$43.33$3,362.26
2$6,681.07$28.95$3,333.31$3,347.76$72.28$6,724.53
3$3,347.76$14.51$3,347.76$-0.00$86.79$10,086.79