Amortization Schedule

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

Total Payments
$11,332.14
Total Interest
$332.14
Number of Monthly Payments
15
Monthly Payment
$755.48
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$11,000.00$41.16$714.32$10,285.68$41.16$755.48
2$10,285.68$38.49$716.99$9,568.69$79.64$1,510.95
3$9,568.69$35.80$719.67$8,849.02$115.45$2,266.43
4$8,849.02$33.11$722.37$8,126.65$148.56$3,021.90
5$8,126.65$30.41$725.07$7,401.59$178.96$3,777.38
6$7,401.59$27.69$727.78$6,673.80$206.66$4,532.85
7$6,673.80$24.97$730.50$5,943.30$231.63$5,288.33
8$5,943.30$22.24$733.24$5,210.06$253.87$6,043.81
9$5,210.06$19.49$735.98$4,474.08$273.36$6,799.28
10$4,474.08$16.74$738.74$3,735.34$290.10$7,554.76
11$3,735.34$13.98$741.50$2,993.85$304.08$8,310.23
12$2,993.85$11.20$744.27$2,249.57$315.28$9,065.71
13$2,249.57$8.42$747.06$1,502.51$323.70$9,821.18
14$1,502.51$5.62$749.85$752.66$329.32$10,576.66
15$752.66$2.82$752.66$0.00$332.14$11,332.14