Amortization Schedule

Amount of Loan

Annual Interest Rate (in percent)

Length of Loan (in months)

Total Payments $1,093.17

Total Interest $43.17

Number of Monthly Payments 18.5

Monthly Payment $59.09

Payment Number	Beginning Balance	Interest Payment	Principal Payment	Ending Balance	Cumulative Interest	Cumulative Payments
1	$1,050.00	$4.38	$54.72	$995.28	$4.38	$59.09
2	$995.28	$4.15	$54.94	$940.34	$8.52	$118.18
3	$940.34	$3.92	$55.17	$885.17	$12.44	$177.27
4	$885.17	$3.69	$55.40	$829.77	$16.13	$236.36
5	$829.77	$3.46	$55.63	$774.13	$19.59	$295.45
6	$774.13	$3.23	$55.86	$718.27	$22.81	$354.54
7	$718.27	$2.99	$56.10	$662.17	$25.80	$413.63
8	$662.17	$2.76	$56.33	$605.84	$28.56	$472.72
9	$605.84	$2.52	$56.57	$549.27	$31.09	$531.81
10	$549.27	$2.29	$56.80	$492.47	$33.38	$590.90
11	$492.47	$2.05	$57.04	$435.43	$35.43	$650.00
12	$435.43	$1.81	$57.28	$378.16	$37.24	$709.09
13	$378.16	$1.58	$57.51	$320.64	$38.82	$768.18
14	$320.64	$1.34	$57.75	$262.89	$40.15	$827.27
15	$262.89	$1.10	$58.00	$204.89	$41.25	$886.36
16	$204.89	$0.85	$58.24	$146.66	$42.10	$945.45
17	$146.66	$0.61	$58.48	$88.18	$42.71	$1,004.54
18	$88.18	$0.37	$58.72	$29.45	$43.08	$1,063.63