Amortization Schedule

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

Total Payments
$4,504.79
Total Interest
$113.79
Number of Monthly Payments
12
Monthly Payment
$375.40
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$4,391.00$17.38$358.02$4,032.98$17.38$375.40
2$4,032.98$15.96$359.44$3,673.55$33.34$750.80
3$3,673.55$14.54$360.86$3,312.69$47.89$1,126.20
4$3,312.69$13.11$362.29$2,950.40$61.00$1,501.60
5$2,950.40$11.68$363.72$2,586.68$72.68$1,877.00
6$2,586.68$10.24$365.16$2,221.52$82.92$2,252.40
7$2,221.52$8.79$366.61$1,854.91$91.71$2,627.80
8$1,854.91$7.34$368.06$1,486.86$99.05$3,003.20
9$1,486.86$5.89$369.51$1,117.34$104.94$3,378.60
10$1,117.34$4.42$370.98$746.36$109.36$3,754.00
11$746.36$2.95$372.45$373.92$112.31$4,129.40
12$373.92$1.48$373.92$-0.00$113.79$4,504.79