Amortization Schedule

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

Total Payments
$1,008,169.88
Total Interest
$8,169.88
Number of Monthly Payments
2
Monthly Payment
$504,084.94
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$1,000,000.00$5,441.67$498,643.27$501,356.73$5,441.67$504,084.94
2$501,356.73$2,728.22$501,356.73$-0.00$8,169.88$1,008,169.88