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| Payment Number | Beginning Balance | Interest Payment | Principal Payment | Ending Balance | Cumulative Interest | Cumulative Payments |
|---|---|---|---|---|---|---|
| 1 | $1,000.00 | $24.17 | $156.88 | $843.12 | $24.17 | $181.04 |
| 2 | $843.12 | $20.38 | $160.67 | $682.45 | $44.54 | $362.09 |
| 3 | $682.45 | $16.49 | $164.55 | $517.90 | $61.03 | $543.13 |
| 4 | $517.90 | $12.52 | $168.53 | $349.37 | $73.55 | $724.18 |
| 5 | $349.37 | $8.44 | $172.60 | $176.77 | $81.99 | $905.22 |
| 6 | $176.77 | $4.27 | $176.77 | $0.00 | $86.27 | $1,086.27 |