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 Number
Beginning Balance
Interest Payment
Principal Payment
Ending Balance
Cumulative Interest
Cumulative 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