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Payment Number | Beginning Balance | Interest Payment | Principal Payment | Ending Balance | Cumulative Interest | Cumulative Payments |
---|---|---|---|---|---|---|
1 | $10,000.00 | $25.00 | $2,490.64 | $7,509.36 | $25.00 | $2,515.64 |
2 | $7,509.36 | $18.77 | $2,496.87 | $5,012.48 | $43.77 | $5,031.29 |
3 | $5,012.48 | $12.53 | $2,503.11 | $2,509.37 | $56.30 | $7,546.93 |
4 | $2,509.37 | $6.27 | $2,509.37 | $-0.00 | $62.58 | $10,062.58 |