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| Payment Number | Beginning Balance | Interest Payment | Principal Payment | Ending Balance | Cumulative Interest | Cumulative Payments |
|---|---|---|---|---|---|---|
| 1 | $1,000.00 | $250.00 | $18.45 | $981.55 | $250.00 | $268.45 |
| 2 | $981.55 | $245.39 | $23.06 | $958.49 | $495.39 | $536.90 |
| 3 | $958.49 | $239.62 | $28.82 | $929.67 | $735.01 | $805.34 |
| 4 | $929.67 | $232.42 | $36.03 | $893.64 | $967.43 | $1,073.79 |
| 5 | $893.64 | $223.41 | $45.04 | $848.60 | $1,190.84 | $1,342.24 |
| 6 | $848.60 | $212.15 | $56.30 | $792.30 | $1,402.99 | $1,610.69 |
| 7 | $792.30 | $198.08 | $70.37 | $721.93 | $1,601.06 | $1,879.13 |
| 8 | $721.93 | $180.48 | $87.96 | $633.97 | $1,781.55 | $2,147.58 |
| 9 | $633.97 | $158.49 | $109.96 | $524.01 | $1,940.04 | $2,416.03 |
| 10 | $524.01 | $131.00 | $137.45 | $386.56 | $2,071.04 | $2,684.48 |
| 11 | $386.56 | $96.64 | $171.81 | $214.76 | $2,167.68 | $2,952.92 |
| 12 | $214.76 | $53.69 | $214.76 | $-0.00 | $2,221.37 | $3,221.37 |