Amortization Schedule

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

Total Payments
$105,876.21
Total Interest
$876.21
Number of Monthly Payments
3
Monthly Payment
$35,292.07
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$105,000.00$437.50$34,854.57$70,145.43$437.50$35,292.07
2$70,145.43$292.27$34,999.80$35,145.63$729.77$70,584.14
3$35,145.63$146.44$35,145.63$-0.00$876.21$105,876.21