Amortization Schedule

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

Total Payments
$10,429.26
Total Interest
$129.26
Number of Monthly Payments
6
Monthly Payment
$1,738.21
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$10,300.00$36.82$1,701.39$8,598.61$36.82$1,738.21
2$8,598.61$30.74$1,707.47$6,891.14$67.56$3,476.42
3$6,891.14$24.64$1,713.57$5,177.57$92.20$5,214.63
4$5,177.57$18.51$1,719.70$3,457.87$110.71$6,952.84
5$3,457.87$12.36$1,725.85$1,732.02$123.07$8,691.05
6$1,732.02$6.19$1,732.02$0.00$129.26$10,429.26