Amortization Schedule

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

Total Payments
$1,056.04
Total Interest
$6.04
Number of Monthly Payments
2
Monthly Payment
$528.02
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$1,050.00$4.03$524.00$526.00$4.03$528.02
2$526.00$2.02$526.00$0.00$6.04$1,056.04