Amortization Schedule

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

Total Payments
$10,290.73
Total Interest
$290.73
Number of Monthly Payments
6
Monthly Payment
$1,715.12
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$10,000.00$82.50$1,632.62$8,367.38$82.50$1,715.12
2$8,367.38$69.03$1,646.09$6,721.29$151.53$3,430.24
3$6,721.29$55.45$1,659.67$5,061.62$206.98$5,145.36
4$5,061.62$41.76$1,673.36$3,388.26$248.74$6,860.48
5$3,388.26$27.95$1,687.17$1,701.09$276.69$8,575.61
6$1,701.09$14.03$1,701.09$0.00$290.73$10,290.73