Amortization Schedule

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

Total Payments
$11,164.54
Total Interest
$164.54
Number of Monthly Payments
12
Monthly Payment
$930.38
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$11,000.00$25.21$905.17$10,094.83$25.21$930.38
2$10,094.83$23.13$907.24$9,187.59$48.34$1,860.76
3$9,187.59$21.05$909.32$8,278.26$69.40$2,791.14
4$8,278.26$18.97$911.41$7,366.85$88.37$3,721.51
5$7,366.85$16.88$913.50$6,453.36$105.25$4,651.89
6$6,453.36$14.79$915.59$5,537.77$120.04$5,582.27
7$5,537.77$12.69$917.69$4,620.08$132.73$6,512.65
8$4,620.08$10.59$919.79$3,700.29$143.32$7,443.03
9$3,700.29$8.48$921.90$2,778.39$151.80$8,373.41
10$2,778.39$6.37$924.01$1,854.38$158.16$9,303.78
11$1,854.38$4.25$926.13$928.25$162.41$10,234.16
12$928.25$2.13$928.25$-0.00$164.54$11,164.54