Amortization Schedule

Amount of Loan

Annual Interest Rate (in percent)

Length of Loan (in months)

Total Payments $60,700.00

Total Interest $700.00

Number of Monthly Payments 1

Monthly Payment $60,700.00

Payment Number	Beginning Balance	Interest Payment	Principal Payment	Ending Balance	Cumulative Interest	Cumulative Payments
1	$60,000.00	$700.00	$60,000.00	$0.00	$700.00	$60,700.00