Amortization Schedule

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

Total Payments
$13,195.11
Total Interest
$2,195.11
Number of Monthly Payments
12
Monthly Payment
$1,099.59
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$11,000.00$320.83$778.76$10,221.24$320.83$1,099.59
2$10,221.24$298.12$801.47$9,419.77$618.95$2,199.19
3$9,419.77$274.74$824.85$8,594.92$893.70$3,298.78
4$8,594.92$250.69$848.91$7,746.01$1,144.38$4,398.37
5$7,746.01$225.93$873.67$6,872.34$1,370.31$5,497.96
6$6,872.34$200.44$899.15$5,973.19$1,570.75$6,597.56
7$5,973.19$174.22$925.37$5,047.82$1,744.97$7,697.15
8$5,047.82$147.23$952.36$4,095.45$1,892.20$8,796.74
9$4,095.45$119.45$980.14$3,115.31$2,011.65$9,896.34
10$3,115.31$90.86$1,008.73$2,106.58$2,102.51$10,995.93
11$2,106.58$61.44$1,038.15$1,068.43$2,163.95$12,095.52
12$1,068.43$31.16$1,068.43$-0.00$2,195.11$13,195.11