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| Payment Number | Beginning Balance | Interest Payment | Principal Payment | Ending Balance | Cumulative Interest | Cumulative Payments |
|---|---|---|---|---|---|---|
| 1 | $1,000.00 | $7.42 | $247.24 | $752.76 | $7.42 | $254.65 |
| 2 | $752.76 | $5.58 | $249.07 | $503.69 | $13.00 | $509.31 |
| 3 | $503.69 | $3.74 | $250.92 | $252.78 | $16.74 | $763.96 |
| 4 | $252.78 | $1.87 | $252.78 | $-0.00 | $18.61 | $1,018.61 |