Amortization Schedule

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

Total Payments
$104,195.30
Total Interest
$4,195.30
Number of Monthly Payments
3
Monthly Payment
$34,731.77
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$100,000.00$2,083.33$32,648.43$67,351.57$2,083.33$34,731.77
2$67,351.57$1,403.16$33,328.61$34,022.96$3,486.49$69,463.54
3$34,022.96$708.81$34,022.96$-0.00$4,195.30$104,195.30