Loan Amortization Schedule, $80,000,000 at 8% for 15
years
Year
Beginning Amount
Payment
Interest
Payment of Principal
Ending Balance
1
$ 80,000,000.00
$ 1,933.28
$
533,333.33
$
(531,400.05)
$
80,531,400.05
2
$ 80,531,400.05
$ 1,933.28
$
536,876.00
$
(534,942.72)
$
81,066,342.77
3
$ 81,066,342.77
$ 1,933.28
$
540,442.29
$
(538,509.01)
$
81,604,851.78
4
$ 81,604,851.78
$ 1,933.28
$
544,032.35
$
(542,099.07)
$
82,146,950.84
179
$ 260,404,969.06
$ 1,933.28
$ 1,736,033.13
$
(1,734,099.85)
$
262,139,068.91
180
$
262,139,068.91
$ 1,933.28
$ ...