Loan Amortization Schedule

Loan amount $
Annual interest rate
Loan period in years
Number of payments per year
Start date of loan
Optional extra payments $

Enter values
250,000.00
10.00 %
2
12
4/1/2012
-

Scheduled payment $
Scheduled number of payments
Actual number of payments
Total early payments $
Total interest $

Loan summary
11,536.23
24
24
26,869.56

Lender name:

Pmt.
No.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24

Payment Date
5/1/2012
6/1/2012
7/1/2012
8/1/2012
9/1/2012
10/1/2012
11/1/2012
12/1/2012
1/1/2013
2/1/2013
3/1/2013
4/1/2013
5/1/2013
6/1/2013
7/1/2013
8/1/2013
9/1/2013
10/1/2013
11/1/2013
12/1/2013
1/1/2014
2/1/2014
3/1/2014
4/1/2014

Scheduled
Payment

Beginning Balance
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

250,000.00
240,547.10
231,015.43
221,404.33
211,713.13
201,941.18
192,087.79
182,152.29
172,133.99
162,032.21
151,846.25
141,575.40
131,218.96
120,776.22
110,246.46
99,628.95
88,922.96
78,127.75
67,242.58
56,266.71
45,199.37
34,039.80
22,787.23
11,440.89

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

11,536.23
11,536.23
11,536.23
11,536.23
11,536.23
11,536.23
11,536.23
11,536.23
11,536.23
11,536.23
11,536.23
11,536.23
11,536.23
11,536.23
11,536.23
11,536.23
11,536.23
11,536.23
11,536.23
11,536.23
11,536.23
11,536.23
11,536.23
11,536.23

Extra Payment Total Payment

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

11,536.23
11,536.23
11,536.23
11,536.23
11,536.23
11,536.23
11,536.23
11,536.23
11,536.23
11,536.23
11,536.23
11,536.23
11,536.23
11,536.23
11,536.23
11,536.23
11,536.23
11,536.23
11,536.23
11,536.23
11,536.23
11,536.23
11,536.23
11,440.89

Principal
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

9,452.90
9,531.67
9,611.10
9,691.20
9,771.96
9,853.39
9,935.50
10,018.30
10,101.78
10,185.96
10,270.85
10,356.44
10,442.74
10,529.76
10,617.51
10,705.99
10,795.21
10,885.17
10,975.88
11,067.34
11,159.57
11,252.57
11,346.34
11,345.55

Interest
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

2,083.33
2,004.56
1,925.13
1,845.04
1,764.28
1,682.84
1,600.73
1,517.94
1,434.45
1,350.27
1,265.39
1,179.79
1,093.49
1,006.47
918.72
830.24
741.02
651.06
560.35
468.89
376.66
283.66
189.89
95.34

Ending Balance
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

240,547.10
231,015.43
221,404.33
211,713.13
201,941.18
192,087.79
182,152.29
172,133.99
162,032.21
151,846.25
141,575.40
131,218.96
120,776.22
110,246.46
99,628.95
88,922.96
78,127.75
67,242.58
56,266.71
45,199.37
34,039.80
22,787.23
11,440.89
-

Cumulative Interest
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

2,083.33
4,087.89
6,013.02
7,858.06
9,622.33
11,305.18
12,905.91
14,423.84
15,858.29
17,208.56
18,473.95
19,653.74
20,747.23
21,753.70
22,672.42
23,502.66
24,243.69
24,894.75
25,455.11
25,924.00
26,300.66
26,584.32
26,774.22
26,869.56