Amoritization Schedule Form (United States) with Free Sample Template

An amortization schedule outlines the payment schedule and amount of time it takes to repay a loan including monthly payments




LOAN AMORTIZATION SCHEDULE








LOAN INFORMATION



LOAN SUMMARY

Loan Amount

$10,000.00


Rate (per period)

0.42%

Annual Interest Rate

5.00%


Number of Payments

60

Term of Loan in Years

5


Total Payments

$11,322.74

First Payment Date

5/2/2016


Total Interest

$1,322.74

Payment Frequency

Monthly





Compound Period

Monthly













Monthly Payment

$188.71













No.

Due Date

Payment

Interest

Principal


Balance








$10,000.00


1

5/2/16

188.71

41.67

147.05


9,852.95


2

6/2/16

188.71

41.05

147.66


9,705.30


3

7/2/16

188.71

40.44

148.27


9,557.02


4

8/2/16

188.71

39.82

148.89


9,408.13


5

9/2/16

188.71

39.20

149.51


9,258.62


6

10/2/16

188.71

38.58

150.13


9,108.48


7

11/2/16

188.71

37.95

150.76


8,957.72


8

12/2/16

188.71

37.32

151.39


8,806.34


9

1/2/17

188.71

36.69

152.02


8,654.32


10

2/2/17

188.71

36.06

152.65


8,501.66


11

3/2/17

188.71

35.42

153.29


8,348.37


12

4/2/17

188.71

34.78

153.93


8,194.45


13

5/2/17

188.71

34.14

154.57


8,039.88


14

6/2/17

188.71

33.50

155.21


7,884.67


15

7/2/17

188.71

32.85

155.86


7,728.81


16

8/2/17

188.71

32.20

156.51


7,572.30


17

9/2/17

188.71

31.55

157.16


7,415.14


18

10/2/17

188.71

30.90

157.82


7,257.32


19

11/2/17

188.71

30.24

158.47


7,098.85


20

12/2/17

188.71

29.58

159.13


6,939.71


21

1/2/18

188.71

28.92

159.80


6,779.92


22

2/2/18

188.71

28.25

160.46


6,619.45


23

3/2/18

188.71

27.58

161.13


6,458.32


24

4/2/18

188.71

26.91

161.80


6,296.52


25

5/2/18

188.71

26.24

162.48


6,134.04


26

6/2/18

188.71

25.56

163.15


5,970.89


27

7/2/18

188.71

24.88

163.83


5,807.06


28

8/2/18

188.71

24.20

164.52


5,642.54


29

9/2/18

188.71

23.51

165.20


5,477.34


30

10/2/18

188.71

22.82

165.89


5,311.45


31

11/2/18

188.71

22.13

166.58


5,144.87


32

12/2/18

188.71

21.44

167.28


4,977.59


33

1/2/19

188.71

20.74

167.97


4,809.62


34

2/2/19

188.71

20.04

168.67


4,640.95


35

3/2/19

188.71

19.34

169.38


4,471.57


36

4/2/19

188.71

18.63

170.08


4,301.49


37

5/2/19

188.71

17.92

170.79


4,130.70


38

6/2/19

188.71

17.21

171.50


3,959.20


39

7/2/19

188.71

16.50

172.22


3,786.98


40

8/2/19

188.71

15.78

172.93


3,614.05


41

9/2/19

188.71

15.06

173.65


3,440.40


42

10/2/19

188.71

14.33

174.38


3,266.02


43

11/2/19

188.71

13.61

175.10


3,090.92


44

12/2/19

188.71

12.88

175.83


2,915.08


45

1/2/20

188.71

12.15

176.57


2,738.52


46

2/2/20

188.71

11.41

177.30


2,561.21


47

3/2/20

188.71

10.67

178.04


2,383.17


48

4/2/20

188.71

9.93

178.78


2,204.39


49

5/2/20

188.71

9.18

179.53


2,024.86


50

6/2/20

188.71

8.44

180.28


1,844.59


51

7/2/20

188.71

7.69

181.03


1,663.56


52

8/2/20

188.71

6.93

181.78


1,481.78


53

9/2/20

188.71

6.17

182.54


1,299.24


54

10/2/20

188.71

5.41

183.30


1,115.94


55

11/2/20

188.71

4.65

184.06


931.88


56

12/2/20

188.71

3.88

184.83


747.05


57

1/2/21

188.71

3.11

185.60


561.45


58

2/2/21

188.71

2.34

186.37


375.08


59

3/2/21

188.71

1.56

187.15


187.93


60

4/2/21

188.71

0.78

187.93


0.00




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