Amortization Schedule

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

Total Payments
$11,183.84
Total Interest
$183.84
Number of Monthly Payments
3
Monthly Payment
$3,727.95
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$11,000.00$91.67$3,636.28$7,363.72$91.67$3,727.95
2$7,363.72$61.36$3,666.58$3,697.14$153.03$7,455.89
3$3,697.14$30.81$3,697.14$-0.00$183.84$11,183.84