Loan Amortization Schedule

Loan amount 120,000 Scheduled Payment

Annual interest rate 18% Interest Payment
Loan period in years 3
Number of payments per year 12

Pmt.
Beginning Balance Scheduled Payment Interest Principal Ending Balance
No.

1 120,000 (4,338) 1,800 2,538 117,462

2 117,462 (4,338) 1,762 2,576 114,885
1 114,885 (4,338) 1,800 2,538 112,347
1 112,347 (4,338) 1,800 2,538 109,809
1 109,809 (4,338) 1,800 2,538 107,270
1 107,270 (4,338) 1,800 2,538 104,732
1 104,732 (4,338) 1,800 2,538 102,194
1 120,000 (4,338) 1,800 2,538 117,462
1 120,000 (4,338) 1,800 2,538 117,462
1 (4,338) 1,800 2,538 (2,538)
1 (4,338) 1,800 2,538 (2,538)
1 (4,338) 1,800 2,538 (2,538)
1 (4,338) 1,800 2,538 (2,538)
1 (4,338) 1,800 2,538 (2,538)
1 (4,338) 1,800 2,538 (2,538)
1 (4,338) 1,800 2,538 (2,538)
1 (4,338) 1,800 2,538 (2,538)
1 (4,338) 1,800 2,538 (2,538)
1 (4,338) 1,800 2,538 (2,538)
1 (4,338) 1,800 2,538 (2,538)
1 (4,338) 1,800 2,538 (2,538)
1 (4,338) 1,800 2,538 (2,538)
1 (4,338) 1,800 2,538
1 (4,338) 1,800 2,538
1 (4,338) 1,800 2,538
1 (4,338) 1,800 2,538
1 (4,338) 1,800 2,538
1 (4,338) 1,800 2,538
1 (4,338) 1,800 2,538
1 (4,338) 1,800 2,538
1 (4,338) 1,800 2,538
1 (4,338) 1,800 2,538
1 (4,338) 1,800 2,538
1 (4,338) 1,800 2,538
1 (4,338) 1,800 2,538
1 (4,338) 1,800 2,538
1 (4,338) 1,800 2,538
1 (4,338) 1,800 2,538
1 (4,338) 1,800 2,538
1 (4,338) 1,800 2,538
1 (4,338) 1,800 2,538
1 (4,338) 1,800 2,538
1 (4,338) 1,800 2,538
1 (4,338) 1,800 2,538
1 (4,338) 1,800 2,538
1 (4,338) 1,800 2,538
1 (4,338) 1,800 2,538
1 (4,338) 1,800 2,538
1 (4,338) 1,800 2,538
1 (4,338) 1,800 2,538
1 (4,338) 1,800 2,538
1 (4,338) 1,800 2,538
1 (4,338) 1,800 2,538
1 (4,338) 4,338
1 (4,338)
1 (4,338)
1 (4,338)
1 (4,338)
1 (4,338)
1 (4,338)
1 (4,338)
1 (4,338)
1 (4,338)
1 (4,338)
1 (4,338)
1 (4,338)
1 (4,338)
1 (4,338)
1 (4,338)
1 (4,338)
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Loan Amortization Schedule

Loan amount 120,000

Annual interest rate 18%
Loan period in years 3
Number of payments per year 12

Pmt.
No. Beginning Balance Scheduled Payment Interest Principal Ending Balance

1 120,000 4,338 1,800 2,538 117,462

2 117,462 4,338 1,762 2,576 114,885
3 114,885 4,338 1,723 2,615 112,270
4 112,270 4,338 1,684 2,654 109,616
5 109,616 4,338 1,644 2,694 106,922
6 106,922 4,338 1,604 2,734 104,188
7 104,188 4,338 1,563 2,775 101,412
8 101,412 4,338 1,521 2,817 98,595
9 98,595 4,338 1,479 2,859 95,736
10 95,736 4,338 1,436 2,902 92,833
11 92,833 4,338 1,393 2,946 89,888
12 89,888 4,338 1,348 2,990 86,898
13 86,898 4,338 1,303 3,035 83,863
14 83,863 4,338 1,258 3,080 80,782
15 80,782 4,338 1,212 3,127 77,656
16 77,656 4,338 1,165 3,173 74,482
17 74,482 4,338 1,117 3,221 71,261
18 71,261 4,338 1,069 3,269 67,992
19 67,992 4,338 1,020 3,318 64,674
20 64,674 4,338 970 3,368 61,305
21 61,305 4,338 920 3,419 57,887
22 57,887 4,338 868 3,470 54,417
23 54,417 4,338 816 3,522 50,895
24 50,895 4,338 763 3,575 47,320
25 47,320 4,338 710 3,628 43,691
26 43,691 4,338 655 3,683 40,008
27 40,008 4,338 600 3,738 36,270
28 36,270 4,338 544 3,794 32,476
29 32,476 4,338 487 3,851 28,625
30 28,625 4,338 429 3,909 24,716
31 24,716 4,338 371 3,968 20,748
32 20,748 4,338 311 4,027 16,721
33 16,721 4,338 251 4,087 12,634
34 12,634 4,338 190 4,149 8,485
35 8,485 4,338 127 4,211 4,274
36 4,274 4,338 64 4,274 0