|
|
|
|
| Payment Number | Beginning Balance | Interest Payment | Principal Payment | Ending Balance | Cumulative Interest | Cumulative Payments |
|---|---|---|---|---|---|---|
| 1 | $10,000.00 | $0.04 | $833.31 | $9,166.69 | $0.04 | $833.36 |
| 2 | $9,166.69 | $0.04 | $833.32 | $8,333.37 | $0.08 | $1,666.71 |
| 3 | $8,333.37 | $0.03 | $833.32 | $7,500.05 | $0.11 | $2,500.07 |
| 4 | $7,500.05 | $0.03 | $833.32 | $6,666.72 | $0.15 | $3,333.42 |
| 5 | $6,666.72 | $0.03 | $833.33 | $5,833.39 | $0.17 | $4,166.78 |
| 6 | $5,833.39 | $0.02 | $833.33 | $5,000.06 | $0.20 | $5,000.14 |
| 7 | $5,000.06 | $0.02 | $833.34 | $4,166.73 | $0.22 | $5,833.49 |
| 8 | $4,166.73 | $0.02 | $833.34 | $3,333.39 | $0.24 | $6,666.85 |
| 9 | $3,333.39 | $0.01 | $833.34 | $2,500.05 | $0.25 | $7,500.20 |
| 10 | $2,500.05 | $0.01 | $833.35 | $1,666.70 | $0.26 | $8,333.56 |
| 11 | $1,666.70 | $0.01 | $833.35 | $833.35 | $0.27 | $9,166.91 |
| 12 | $833.35 | $0.00 | $833.35 | $-0.00 | $0.27 | $10,000.27 |