Amortization Schedule

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

Total Payments
$100,012.50
Total Interest
$12.50
Number of Monthly Payments
4
Monthly Payment
$25,003.13
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$100,000.00$5.00$24,998.13$75,001.87$5.00$25,003.13
2$75,001.87$3.75$24,999.37$50,002.50$8.75$50,006.25
3$50,002.50$2.50$25,000.62$25,001.87$11.25$75,009.38
4$25,001.87$1.25$25,001.87$0.00$12.50$100,012.50