Amortization Schedule

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

Total Payments
$1,118.38
Total Interest
$18.38
Number of Monthly Payments
3
Monthly Payment
$372.79
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$1,100.00$9.17$363.63$736.37$9.17$372.79
2$736.37$6.14$366.66$369.71$15.30$745.59
3$369.71$3.08$369.71$-0.00$18.38$1,118.38