Amortization Schedule

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

Total Payments
$108,351.19
Total Interest
$351.19
Number of Monthly Payments
3
Monthly Payment
$36,117.06
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$108,000.00$175.50$35,941.56$72,058.44$175.50$36,117.06
2$72,058.44$117.09$35,999.97$36,058.47$292.59$72,234.13
3$36,058.47$58.60$36,058.47$-0.00$351.19$108,351.19