Amortization Schedule

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

Total Payments
$100,750.62
Total Interest
$750.62
Number of Monthly Payments
2
Monthly Payment
$50,375.31
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$100,000.00$500.00$49,875.31$50,124.69$500.00$50,375.31
2$50,124.69$250.62$50,124.69$-0.00$750.62$100,750.62