|
|
|
|
| Payment Number | Beginning Balance | Interest Payment | Principal Payment | Ending Balance | Cumulative Interest | Cumulative Payments |
|---|---|---|---|---|---|---|
| 1 | $1,000.00 | $18.33 | $159.19 | $840.81 | $18.33 | $177.52 |
| 2 | $840.81 | $15.41 | $162.11 | $678.70 | $33.75 | $355.05 |
| 3 | $678.70 | $12.44 | $165.08 | $513.62 | $46.19 | $532.57 |
| 4 | $513.62 | $9.42 | $168.11 | $345.52 | $55.61 | $710.09 |
| 5 | $345.52 | $6.33 | $171.19 | $174.33 | $61.94 | $887.61 |
| 6 | $174.33 | $3.20 | $174.33 | $-0.00 | $65.14 | $1,065.14 |