Amortization Schedule

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

Total Payments
$129.41
Total Interest
$26.41
Number of Monthly Payments
2
Monthly Payment
$64.71
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$103.00$17.17$47.54$55.46$17.17$64.71
2$55.46$9.24$55.46$0.00$26.41$129.41