Amortization Schedule

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

Total Payments
$11,062.66
Total Interest
$62.66
Number of Monthly Payments
12
Monthly Payment
$921.89
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$11,000.00$9.63$912.26$10,087.74$9.63$921.89
2$10,087.74$8.83$913.06$9,174.67$18.45$1,843.78
3$9,174.67$8.03$913.86$8,260.81$26.48$2,765.67
4$8,260.81$7.23$914.66$7,346.15$33.71$3,687.55
5$7,346.15$6.43$915.46$6,430.69$40.14$4,609.44
6$6,430.69$5.63$916.26$5,514.43$45.76$5,531.33
7$5,514.43$4.83$917.06$4,597.37$50.59$6,453.22
8$4,597.37$4.02$917.87$3,679.50$54.61$7,375.11
9$3,679.50$3.22$918.67$2,760.83$57.83$8,297.00
10$2,760.83$2.42$919.47$1,841.36$60.25$9,218.89
11$1,841.36$1.61$920.28$921.08$61.86$10,140.77
12$921.08$0.81$921.08$-0.00$62.66$11,062.66