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Payment Number | Beginning Balance | Interest Payment | Principal Payment | Ending Balance | Cumulative Interest | Cumulative Payments |
---|---|---|---|---|---|---|
1 | $100,000.00 | $5.00 | $24,998.13 | $75,001.87 | $5.00 | $25,003.13 |
2 | $75,001.87 | $3.75 | $24,999.37 | $50,002.50 | $8.75 | $50,006.25 |
3 | $50,002.50 | $2.50 | $25,000.62 | $25,001.87 | $11.25 | $75,009.38 |
4 | $25,001.87 | $1.25 | $25,001.87 | $0.00 | $12.50 | $100,012.50 |