Amortization Schedule

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

Total Payments
$11,108.74
Total Interest
$108.74
Number of Monthly Payments
2
Monthly Payment
$5,554.37
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$11,000.00$72.42$5,481.96$5,518.04$72.42$5,554.37
2$5,518.04$36.33$5,518.04$0.00$108.74$11,108.74