Scribd
Upload
86 views2 pages

Amortization Table

This document summarizes a 36-month lease payment schedule for a $3,000,000 principal with an interest rate of 1.25%. Each monthly payment is $103,995.99, which is applied to interest and principal. The schedule shows the beginning and ending balances over the 36 months as principal is paid down each period until the final payment pays off the remaining balance of $0.

Uploaded by

Muhammad Waleed
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
86 views2 pages

Amortization Table

This document summarizes a 36-month lease payment schedule for a $3,000,000 principal with an interest rate of 1.25%. Each monthly payment is $103,995.99, which is applied to interest and principal. The schedule shows the beginning and ending balances over the 36 months as principal is paid down each period until the final payment pays off the remaining balance of $0.

Uploaded by

Muhammad Waleed
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
You are on page 1/ 2

LEASE PAYMENT SCHEDULE

Principal 3,000,000
periods 36
rate 0.0125
payment $103,995.99

months beginning pmt interest principal ending balance


1 3,000,000 $103,995.99 $37,500.00 $66,495.99 2,933,504.01
2 2,933,504.01 $103,995.99 $36,668.80 $67,327.19 2,866,176.83
3 2,866,176.83 $103,995.99 $35,827.21 $68,168.78 2,798,008.05
4 2,798,008.05 $103,995.99 $34,975.10 $69,020.88 2,728,987.17
5 2,728,987.17 $103,995.99 $34,112.34 $69,883.65 2,659,103.52
6 2,659,103.52 $103,995.99 $33,238.79 $70,757.19 2,588,346.33
7 2,588,346.33 $103,995.99 $32,354.33 $71,641.66 2,516,704.68
8 2,516,704.68 $103,995.99 $31,458.81 $72,537.18 2,444,167.50
9 2,444,167.50 $103,995.99 $30,552.09 $73,443.89 2,370,723.61
10 2,370,723.61 $103,995.99 $29,634.05 $74,361.94 2,296,361.67
11 2,296,361.67 $103,995.99 $28,704.52 $75,291.46 2,221,070.20
12 2,221,070.20 $103,995.99 $27,763.38 $76,232.61 2,144,837.59
13 2,144,837.59 $103,995.99 $26,810.47 $77,185.52 2,067,652.08
14 2,067,652.08 $103,995.99 $25,845.65 $78,150.33 1,989,501.74
15 1,989,501.74 $103,995.99 $24,868.77 $79,127.21 1,910,374.53
16 1,910,374.53 $103,995.99 $23,879.68 $80,116.30 1,830,258.23
17 1,830,258.23 $103,995.99 $22,878.23 $81,117.76 1,749,140.47
18 1,749,140.47 $103,995.99 $21,864.26 $82,131.73 1,667,008.74
19 1,667,008.74 $103,995.99 $20,837.61 $83,158.38 1,583,850.36
20 1,583,850.36 $103,995.99 $19,798.13 $84,197.86 1,499,652.51
21 1,499,652.51 $103,995.99 $18,745.66 $85,250.33 1,414,402.18
22 1,414,402.18 $103,995.99 $17,680.03 $86,315.96 1,328,086.22
23 1,328,086.22 $103,995.99 $16,601.08 $87,394.91 1,240,691.31
24 1,240,691.31 $103,995.99 $15,508.64 $88,487.34 1,152,203.97
25 1,152,203.97 $103,995.99 $14,402.55 $89,593.44 1,062,610.53
26 1,062,610.53 $103,995.99 $13,282.63 $90,713.35 971,897.18
27 971,897.18 $103,995.99 $12,148.71 $91,847.27 880,049.91
28 880,049.91 $103,995.99 $11,000.62 $92,995.36 787,054.54
29 787,054.54 $103,995.99 $9,838.18 $94,157.80 692,896.74
30 692,896.74 $103,995.99 $8,661.21 $95,334.78 597,561.96
31 597,561.96 $103,995.99 $7,469.52 $96,526.46 501,035.50
32 501,035.50 $103,995.99 $6,262.94 $97,733.04 403,302.46
33 403,302.46 $103,995.99 $5,041.28 $98,954.70 304,347.76
34 304,347.76 $103,995.99 $3,804.35 $100,191.64 204,156.12
35 204,156.12 $103,995.99 $2,551.95 $101,444.03 102,712.08
36 102,712.08 $103,995.99 $1,283.90 $102,712.08 (0.00)
Principal 3,321.00
periods 12
rate 0.06
payments $396.12

year Beg bal. Pmt Int principal Ending balance


1 3,321.00 $396.12 $199.26 $196.86 $3,124.14
2 $3,124.14 $396.12 $187.45 $208.67 $2,915.47
3 $2,915.47 $396.12 $174.93 $221.19 $2,694.28
4 $2,694.28 $396.12 $161.66 $234.46 $2,459.82
5 $2,459.82 $396.12 $147.59 $248.53 $2,211.29
6 $2,211.29 $396.12 $132.68 $263.44 $1,947.85
7 $1,947.85 $396.12 $116.87 $279.25 $1,668.60
8 $1,668.60 $396.12 $100.12 $296.00 $1,372.59
9 $1,372.59 $396.12 $82.36 $313.76 $1,058.83
10 $1,058.83 $396.12 $63.53 $332.59 $726.24
11 $726.24 $396.12 $43.57 $352.54 $373.70
12 $373.70 $396.12 $22.42 $373.70 ($0.00)

$1,432.43

You might also like