Amortization Schedule

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

Total Payments
$109.40
Total Interest
$2.40
Number of Monthly Payments
1
Monthly Payment
$109.40
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$107.00$2.40$107.00$-0.00$2.40$109.40