Amortization Schedule

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

Total Payments
$10,469.00
Total Interest
$113.26
Number of Monthly Payments
6
Monthly Payment
$1,744.83
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$10,355.74$32.28$1,712.56$8,643.18$32.28$1,744.83
2$8,643.18$26.94$1,717.89$6,925.29$59.21$3,489.67
3$6,925.29$21.58$1,723.25$5,202.04$80.80$5,234.50
4$5,202.04$16.21$1,728.62$3,473.42$97.01$6,979.33
5$3,473.42$10.83$1,734.01$1,739.41$107.84$8,724.16
6$1,739.41$5.42$1,739.41$-0.00$113.26$10,469.00