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| Payment Number | Beginning Balance | Interest Payment | Principal Payment | Ending Balance | Cumulative Interest | Cumulative Payments |
|---|---|---|---|---|---|---|
| 1 | $10,000.00 | $62.50 | $1,402.01 | $8,597.99 | $62.50 | $1,464.51 |
| 2 | $8,597.99 | $53.74 | $1,410.77 | $7,187.22 | $116.24 | $2,929.02 |
| 3 | $7,187.22 | $44.92 | $1,419.59 | $5,767.63 | $161.16 | $4,393.52 |
| 4 | $5,767.63 | $36.05 | $1,428.46 | $4,339.17 | $197.21 | $5,858.03 |
| 5 | $4,339.17 | $27.12 | $1,437.39 | $2,901.78 | $224.33 | $7,322.54 |
| 6 | $2,901.78 | $18.14 | $1,446.37 | $1,455.41 | $242.46 | $8,787.05 |
| 7 | $1,455.41 | $9.10 | $1,455.41 | $0.00 | $251.56 | $10,251.56 |