Amortization Schedule

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

Total Payments
$1,199.46
Total Interest
$74.46
Number of Monthly Payments
12
Monthly Payment
$99.95
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$1,125.00$11.25$88.70$1,036.30$11.25$99.95
2$1,036.30$10.36$89.59$946.70$21.61$199.91
3$946.70$9.47$90.49$856.22$31.08$299.86
4$856.22$8.56$91.39$764.82$39.64$399.82
5$764.82$7.65$92.31$672.52$47.29$499.77
6$672.52$6.73$93.23$579.29$54.02$599.73
7$579.29$5.79$94.16$485.12$59.81$699.68
8$485.12$4.85$95.10$390.02$64.66$799.64
9$390.02$3.90$96.05$293.97$68.56$899.59
10$293.97$2.94$97.02$196.95$71.50$999.55
11$196.95$1.97$97.99$98.97$73.47$1,099.50
12$98.97$0.99$98.97$0.00$74.46$1,199.46