Amortization Schedule

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

Total Payments
$842.08
Total Interest
$42.08
Number of Monthly Payments
4
Monthly Payment
$210.52
Payment NumberBeginning BalanceInterest PaymentPrincipal PaymentEnding BalanceCumulative InterestCumulative Payments
1$800.00$16.66$193.86$606.14$16.66$210.52
2$606.14$12.62$197.90$408.24$29.28$421.04
3$408.24$8.50$202.02$206.23$37.78$631.56
4$206.23$4.29$206.23$0.00$42.08$842.08