Amortization Schedule

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

Total Payments
$166,660,000.00
Total Interest
$165,660,000.00
Number of Monthly Payments
12
Monthly Payment
$13,888,333.33
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$1,000,000.00$13,888,333.33$0.00 WARNING PRINCIPAL PAYMENT IS LESS THAN $0.01 - THE LOAN BALANCE WAS NOT REDUCED!$1,000,000.00$13,888,333.33$13,888,333.33
2$1,000,000.00$13,888,333.33$0.00 WARNING PRINCIPAL PAYMENT IS LESS THAN $0.01 - THE LOAN BALANCE WAS NOT REDUCED!$1,000,000.00$27,776,666.67$27,776,666.67
3$1,000,000.00$13,888,333.33$0.00 WARNING PRINCIPAL PAYMENT IS LESS THAN $0.01 - THE LOAN BALANCE WAS NOT REDUCED!$1,000,000.00$41,665,000.00$41,665,000.00
4$1,000,000.00$13,888,333.33$0.00 WARNING PRINCIPAL PAYMENT IS LESS THAN $0.01 - THE LOAN BALANCE WAS NOT REDUCED!$1,000,000.00$55,553,333.33$55,553,333.33
5$1,000,000.00$13,888,333.33$0.01 WARNING PRINCIPAL PAYMENT IS LESS THAN $0.01 - THE LOAN BALANCE WAS NOT REDUCED!$999,999.99$69,441,666.66$69,441,666.67
6$999,999.99$13,888,333.25$0.09$999,999.91$83,329,999.91$83,330,000.00
7$999,999.91$13,888,332.06$1.28$999,998.63$97,218,331.96$97,218,333.33
8$999,998.63$13,888,314.30$19.03$999,979.60$111,106,646.27$111,106,666.67
9$999,979.60$13,888,050.03$283.30$999,696.30$124,994,696.30$124,995,000.00
10$999,696.30$13,884,115.45$4,217.88$995,478.42$138,878,811.75$138,883,333.33
11$995,478.42$13,825,536.08$62,797.25$932,681.16$152,704,347.83$152,771,666.67
12$932,681.16$12,953,386.87$934,946.46$-2,265.30$165,657,734.70$166,660,000.00