Amortization Schedule

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

Total Payments
$10,272.78
Total Interest
$272.78
Number of Monthly Payments
9
Monthly Payment
$1,141.42
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$10,000.00$54.17$1,087.25$8,912.75$54.17$1,141.42
2$8,912.75$48.28$1,093.14$7,819.60$102.44$2,282.84
3$7,819.60$42.36$1,099.06$6,720.54$144.80$3,424.26
4$6,720.54$36.40$1,105.02$5,615.52$181.20$4,565.68
5$5,615.52$30.42$1,111.00$4,504.52$211.62$5,707.10
6$4,504.52$24.40$1,117.02$3,387.50$236.02$6,848.52
7$3,387.50$18.35$1,123.07$2,264.43$254.37$7,989.94
8$2,264.43$12.27$1,129.15$1,135.27$266.63$9,131.36
9$1,135.27$6.15$1,135.27$-0.00$272.78$10,272.78