|
|
|
|
| Payment Number | Beginning Balance | Interest Payment | Principal Payment | Ending Balance | Cumulative Interest | Cumulative Payments |
|---|---|---|---|---|---|---|
| 1 | $10,000.00 | $16.25 | $1,659.91 | $8,340.09 | $16.25 | $1,676.16 |
| 2 | $8,340.09 | $13.55 | $1,662.61 | $6,677.49 | $29.80 | $3,352.32 |
| 3 | $6,677.49 | $10.85 | $1,665.31 | $5,012.18 | $40.65 | $5,028.48 |
| 4 | $5,012.18 | $8.14 | $1,668.01 | $3,344.16 | $48.80 | $6,704.63 |
| 5 | $3,344.16 | $5.43 | $1,670.72 | $1,673.44 | $54.23 | $8,380.79 |
| 6 | $1,673.44 | $2.72 | $1,673.44 | $-0.00 | $56.95 | $10,056.95 |