Amortization Schedule

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

Total Payments
$103,351.70
Total Interest
$3,351.70
Number of Monthly Payments
3
Monthly Payment
$34,450.57
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$100,000.00$1,666.67$32,783.90$67,216.10$1,666.67$34,450.57
2$67,216.10$1,120.27$33,330.30$33,885.80$2,786.94$68,901.13
3$33,885.80$564.76$33,885.80$-0.00$3,351.70$103,351.70