Amortization Schedule

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

Total Payments
$1,056.01
Total Interest
$0.01
Number of Monthly Payments
18
Monthly Payment
$58.67
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$1,056.00$0.00$58.67$997.33$0.00$58.67
2$997.33$0.00$58.67$938.67$0.00$117.33
3$938.67$0.00$58.67$880.00$0.00$176.00
4$880.00$0.00$58.67$821.33$0.00$234.67
5$821.33$0.00$58.67$762.67$0.00$293.34
6$762.67$0.00$58.67$704.00$0.00$352.00
7$704.00$0.00$58.67$645.34$0.01$410.67
8$645.34$0.00$58.67$586.67$0.01$469.34
9$586.67$0.00$58.67$528.00$0.01$528.00
10$528.00$0.00$58.67$469.34$0.01$586.67
11$469.34$0.00$58.67$410.67$0.01$645.34
12$410.67$0.00$58.67$352.00$0.01$704.01
13$352.00$0.00$58.67$293.33$0.01$762.67
14$293.33$0.00$58.67$234.67$0.01$821.34
15$234.67$0.00$58.67$176.00$0.01$880.01
16$176.00$0.00$58.67$117.33$0.01$938.67
17$117.33$0.00$58.67$58.67$0.01$997.34
18$58.67$0.00$58.67$-0.00$0.01$1,056.01