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| Payment Number | Beginning Balance | Interest Payment | Principal Payment | Ending Balance | Cumulative Interest | Cumulative Payments |
|---|---|---|---|---|---|---|
| 1 | $1,050.00 | $284.38 | $16.98 | $1,033.02 | $284.38 | $301.36 |
| 2 | $1,033.02 | $279.78 | $21.58 | $1,011.43 | $564.15 | $602.72 |
| 3 | $1,011.43 | $273.93 | $27.43 | $984.01 | $838.08 | $904.07 |
| 4 | $984.01 | $266.50 | $34.86 | $949.15 | $1,104.58 | $1,205.43 |
| 5 | $949.15 | $257.06 | $44.30 | $904.85 | $1,361.64 | $1,506.79 |
| 6 | $904.85 | $245.06 | $56.29 | $848.56 | $1,606.71 | $1,808.15 |
| 7 | $848.56 | $229.82 | $71.54 | $777.02 | $1,836.53 | $2,109.51 |
| 8 | $777.02 | $210.44 | $90.92 | $686.10 | $2,046.97 | $2,410.87 |
| 9 | $686.10 | $185.82 | $115.54 | $570.56 | $2,232.79 | $2,712.22 |
| 10 | $570.56 | $154.53 | $146.83 | $423.73 | $2,387.31 | $3,013.58 |
| 11 | $423.73 | $114.76 | $186.60 | $237.13 | $2,502.07 | $3,314.94 |
| 12 | $237.13 | $64.22 | $237.13 | $-0.00 | $2,566.30 | $3,616.30 |