Amortization Schedule

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

Total Payments
$106,425.72
Total Interest
$1,425.72
Number of Monthly Payments
4
Monthly Payment
$26,606.43
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$105,000.00$568.75$26,037.68$78,962.32$568.75$26,606.43
2$78,962.32$427.71$26,178.72$52,783.60$996.46$53,212.86
3$52,783.60$285.91$26,320.52$26,463.09$1,282.37$79,819.29
4$26,463.09$143.34$26,463.09$-0.00$1,425.72$106,425.72