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| Payment Number | Beginning Balance | Interest Payment | Principal Payment | Ending Balance | Cumulative Interest | Cumulative Payments |
|---|---|---|---|---|---|---|
| 1 | $1,000.00 | $458.33 | $53.18 | $946.82 | $458.33 | $511.51 |
| 2 | $946.82 | $433.96 | $77.55 | $869.28 | $892.29 | $1,023.02 |
| 3 | $869.28 | $398.42 | $113.09 | $756.19 | $1,290.71 | $1,534.53 |
| 4 | $756.19 | $346.59 | $164.92 | $591.26 | $1,637.30 | $2,046.04 |
| 5 | $591.26 | $271.00 | $240.51 | $350.75 | $1,908.29 | $2,557.54 |
| 6 | $350.75 | $160.76 | $350.75 | $0.00 | $2,069.05 | $3,069.05 |