Amortization Schedule

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

Total Payments
$10,466.37
Total Interest
$466.37
Number of Monthly Payments
12
Monthly Payment
$872.20
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$10,000.00$70.83$801.36$9,198.64$70.83$872.20
2$9,198.64$65.16$807.04$8,391.59$135.99$1,744.40
3$8,391.59$59.44$812.76$7,578.84$195.43$2,616.59
4$7,578.84$53.68$818.51$6,760.32$249.11$3,488.79
5$6,760.32$47.89$824.31$5,936.01$297.00$4,360.99
6$5,936.01$42.05$830.15$5,105.86$339.05$5,233.19
7$5,105.86$36.17$836.03$4,269.83$375.21$6,105.38
8$4,269.83$30.24$841.95$3,427.88$405.46$6,977.58
9$3,427.88$24.28$847.92$2,579.96$429.74$7,849.78
10$2,579.96$18.27$853.92$1,726.03$448.01$8,721.98
11$1,726.03$12.23$859.97$866.06$460.24$9,594.18
12$866.06$6.13$866.06$-0.00$466.37$10,466.37