Amortization Schedule

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

Total Payments
$13,499.08
Total Interest
$2,499.08
Number of Monthly Payments
18
Monthly Payment
$749.95
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$11,000.00$247.50$502.45$10,497.55$247.50$749.95
2$10,497.55$236.19$513.75$9,983.80$483.69$1,499.90
3$9,983.80$224.64$525.31$9,458.48$708.33$2,249.85
4$9,458.48$212.82$537.13$8,921.35$921.15$2,999.80
5$8,921.35$200.73$549.22$8,372.13$1,121.88$3,749.75
6$8,372.13$188.37$561.58$7,810.55$1,310.25$4,499.69
7$7,810.55$175.74$574.21$7,236.34$1,485.99$5,249.64
8$7,236.34$162.82$587.13$6,649.21$1,648.80$5,999.59
9$6,649.21$149.61$600.34$6,048.87$1,798.41$6,749.54
10$6,048.87$136.10$613.85$5,435.02$1,934.51$7,499.49
11$5,435.02$122.29$627.66$4,807.36$2,056.80$8,249.44
12$4,807.36$108.17$641.78$4,165.58$2,164.97$8,999.39
13$4,165.58$93.73$656.22$3,509.35$2,258.69$9,749.34
14$3,509.35$78.96$670.99$2,838.36$2,337.65$10,499.29
15$2,838.36$63.86$686.09$2,152.28$2,401.51$11,249.24
16$2,152.28$48.43$701.52$1,450.75$2,449.94$11,999.19
17$1,450.75$32.64$717.31$733.45$2,482.58$12,749.14
18$733.45$16.50$733.45$-0.00$2,499.08$13,499.08