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| Payment Number | Beginning Balance | Interest Payment | Principal Payment | Ending Balance | Cumulative Interest | Cumulative Payments |
|---|---|---|---|---|---|---|
| 1 | $1,000.00 | $15.00 | $160.53 | $839.47 | $15.00 | $175.53 |
| 2 | $839.47 | $12.59 | $162.93 | $676.54 | $27.59 | $351.05 |
| 3 | $676.54 | $10.15 | $165.38 | $511.16 | $37.74 | $526.58 |
| 4 | $511.16 | $7.67 | $167.86 | $343.31 | $45.41 | $702.10 |
| 5 | $343.31 | $5.15 | $170.38 | $172.93 | $50.56 | $877.63 |
| 6 | $172.93 | $2.59 | $172.93 | $-0.00 | $53.15 | $1,053.15 |