Amortization Schedule

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

Total Payments
$11,110.32
Total Interest
$110.32
Number of Monthly Payments
15
Monthly Payment
$740.69
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$11,000.00$13.75$726.94$10,273.06$13.75$740.69
2$10,273.06$12.84$727.85$9,545.22$26.59$1,481.38
3$9,545.22$11.93$728.76$8,816.46$38.52$2,222.06
4$8,816.46$11.02$729.67$8,086.79$49.54$2,962.75
5$8,086.79$10.11$730.58$7,356.21$59.65$3,703.44
6$7,356.21$9.20$731.49$6,624.72$68.85$4,444.13
7$6,624.72$8.28$732.41$5,892.31$77.13$5,184.82
8$5,892.31$7.37$733.32$5,158.99$84.49$5,925.50
9$5,158.99$6.45$734.24$4,424.75$90.94$6,666.19
10$4,424.75$5.53$735.16$3,689.59$96.47$7,406.88
11$3,689.59$4.61$736.08$2,953.52$101.09$8,147.57
12$2,953.52$3.69$737.00$2,216.52$104.78$8,888.26
13$2,216.52$2.77$737.92$1,478.60$107.55$9,628.94
14$1,478.60$1.85$738.84$739.76$109.40$10,369.63
15$739.76$0.92$739.76$-0.00$110.32$11,110.32