Amortization Schedule

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

Total Payments
$106,403.10
Total Interest
$1,403.10
Number of Monthly Payments
3
Monthly Payment
$35,467.70
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$105,000.00$700.00$34,767.70$70,232.30$700.00$35,467.70
2$70,232.30$468.22$34,999.48$35,232.81$1,168.22$70,935.40
3$35,232.81$234.89$35,232.81$-0.00$1,403.10$106,403.10