Amortization Schedule

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

Total Payments
$11,202.28
Total Interest
$202.28
Number of Monthly Payments
3
Monthly Payment
$3,734.09
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$11,000.00$100.83$3,633.26$7,366.74$100.83$3,734.09
2$7,366.74$67.53$3,666.56$3,700.18$168.36$7,468.19
3$3,700.18$33.92$3,700.18$0.00$202.28$11,202.28