Amortization Schedule

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

Total Payments
$10,378.74
Total Interest
$378.74
Number of Monthly Payments
9
Monthly Payment
$1,153.19
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$10,000.00$75.00$1,078.19$8,921.81$75.00$1,153.19
2$8,921.81$66.91$1,086.28$7,835.53$141.91$2,306.39
3$7,835.53$58.77$1,094.43$6,741.10$200.68$3,459.58
4$6,741.10$50.56$1,102.63$5,638.47$251.24$4,612.77
5$5,638.47$42.29$1,110.90$4,527.56$293.53$5,765.96
6$4,527.56$33.96$1,119.24$3,408.33$327.48$6,919.16
7$3,408.33$25.56$1,127.63$2,280.70$353.05$8,072.35
8$2,280.70$17.11$1,136.09$1,144.61$370.15$9,225.54
9$1,144.61$8.58$1,144.61$0.00$378.74$10,378.74