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Payment Number | Beginning Balance | Interest Payment | Principal Payment | Ending Balance | Cumulative Interest | Cumulative Payments |
---|---|---|---|---|---|---|
1 | $100.00 | $0.56 | $16.44 | $83.56 | $0.56 | $16.99 |
2 | $83.56 | $0.47 | $16.53 | $67.04 | $1.02 | $33.99 |
3 | $67.04 | $0.37 | $16.62 | $50.42 | $1.40 | $50.98 |
4 | $50.42 | $0.28 | $16.71 | $33.71 | $1.68 | $67.98 |
5 | $33.71 | $0.19 | $16.81 | $16.90 | $1.87 | $84.97 |
6 | $16.90 | $0.09 | $16.90 | $-0.00 | $1.96 | $101.96 |