Amortization Schedule

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

Total Payments
$1,106.24
Total Interest
$6.24
Number of Monthly Payments
3
Monthly Payment
$368.75
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$1,100.00$3.12$365.63$734.37$3.12$368.75
2$734.37$2.08$366.67$367.70$5.20$737.49
3$367.70$1.04$367.70$-0.00$6.24$1,106.24