Amortization Schedule

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

Total Payments
$102,766.86
Total Interest
$2,266.86
Number of Monthly Payments
2
Monthly Payment
$51,383.43
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$100,500.00$1,507.50$49,875.93$50,624.07$1,507.50$51,383.43
2$50,624.07$759.36$50,624.07$-0.00$2,266.86$102,766.86