|
|
|
|
| Payment Number | Beginning Balance | Interest Payment | Principal Payment | Ending Balance | Cumulative Interest | Cumulative Payments |
|---|---|---|---|---|---|---|
| 1 | $10,000.00 | $29.17 | $1,988.37 | $8,011.63 | $29.17 | $2,017.53 |
| 2 | $8,011.63 | $23.37 | $1,994.17 | $6,017.47 | $52.53 | $4,035.07 |
| 3 | $6,017.47 | $17.55 | $1,999.98 | $4,017.48 | $70.08 | $6,052.60 |
| 4 | $4,017.48 | $11.72 | $2,005.82 | $2,011.67 | $81.80 | $8,070.14 |
| 5 | $2,011.67 | $5.87 | $2,011.67 | $0.00 | $87.67 | $10,087.67 |