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| Payment Number | Beginning Balance | Interest Payment | Principal Payment | Ending Balance | Cumulative Interest | Cumulative Payments |
|---|---|---|---|---|---|---|
| 1 | $10,000.00 | $62.50 | $1,306.49 | $8,693.51 | $62.50 | $1,368.99 |
| 2 | $8,693.51 | $54.33 | $1,314.65 | $7,378.86 | $116.83 | $2,737.98 |
| 3 | $7,378.86 | $46.12 | $1,322.87 | $6,055.99 | $162.95 | $4,106.97 |
| 4 | $6,055.99 | $37.85 | $1,331.14 | $4,724.85 | $200.80 | $5,475.96 |
| 5 | $4,724.85 | $29.53 | $1,339.46 | $3,385.39 | $230.33 | $6,844.95 |
| 6 | $3,385.39 | $21.16 | $1,347.83 | $2,037.56 | $251.49 | $8,213.93 |
| 7 | $2,037.56 | $12.73 | $1,356.25 | $681.30 | $264.23 | $9,582.92 |