|
|
|
|
| Payment Number | Beginning Balance | Interest Payment | Principal Payment | Ending Balance | Cumulative Interest | Cumulative Payments |
|---|---|---|---|---|---|---|
| 1 | $10,000.00 | $108.25 | $784.88 | $9,215.12 | $108.25 | $893.13 |
| 2 | $9,215.12 | $99.75 | $793.37 | $8,421.75 | $208.00 | $1,786.25 |
| 3 | $8,421.75 | $91.17 | $801.96 | $7,619.79 | $299.17 | $2,679.38 |
| 4 | $7,619.79 | $82.48 | $810.64 | $6,809.15 | $381.65 | $3,572.50 |
| 5 | $6,809.15 | $73.71 | $819.42 | $5,989.73 | $455.36 | $4,465.63 |
| 6 | $5,989.73 | $64.84 | $828.29 | $5,161.45 | $520.20 | $5,358.76 |
| 7 | $5,161.45 | $55.87 | $837.25 | $4,324.19 | $576.07 | $6,251.88 |
| 8 | $4,324.19 | $46.81 | $846.32 | $3,477.88 | $622.88 | $7,145.01 |
| 9 | $3,477.88 | $37.65 | $855.48 | $2,622.40 | $660.53 | $8,038.13 |
| 10 | $2,622.40 | $28.39 | $864.74 | $1,757.66 | $688.92 | $8,931.26 |
| 11 | $1,757.66 | $19.03 | $874.10 | $883.56 | $707.95 | $9,824.38 |
| 12 | $883.56 | $9.56 | $883.56 | $0.00 | $717.51 | $10,717.51 |