Amortization Schedule

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

Total Payments
$10,131.95
Total Interest
$131.95
Number of Monthly Payments
3
Monthly Payment
$3,377.32
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$10,000.00$65.83$3,311.48$6,688.52$65.83$3,377.32
2$6,688.52$44.03$3,333.29$3,355.23$109.87$6,754.64
3$3,355.23$22.09$3,355.23$0.00$131.95$10,131.95