Amortization Schedule

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

Total Payments
$101,878.88
Total Interest
$1,878.88
Number of Monthly Payments
2
Monthly Payment
$50,939.44
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$100,000.00$1,250.00$49,689.44$50,310.56$1,250.00$50,939.44
2$50,310.56$628.88$50,310.56$-0.00$1,878.88$101,878.88