|
|
|
|
| Payment Number | Beginning Balance | Interest Payment | Principal Payment | Ending Balance | Cumulative Interest | Cumulative Payments |
|---|---|---|---|---|---|---|
| 1 | $11,000.00 | $119.08 | $863.36 | $10,136.64 | $119.08 | $982.44 |
| 2 | $10,136.64 | $109.73 | $872.71 | $9,263.93 | $228.80 | $1,964.88 |
| 3 | $9,263.93 | $100.28 | $882.16 | $8,381.77 | $329.09 | $2,947.32 |
| 4 | $8,381.77 | $90.73 | $891.71 | $7,490.07 | $419.82 | $3,929.75 |
| 5 | $7,490.07 | $81.08 | $901.36 | $6,588.71 | $500.90 | $4,912.19 |
| 6 | $6,588.71 | $71.32 | $911.12 | $5,677.59 | $572.22 | $5,894.63 |
| 7 | $5,677.59 | $61.46 | $920.98 | $4,756.61 | $633.68 | $6,877.07 |
| 8 | $4,756.61 | $51.49 | $930.95 | $3,825.66 | $685.17 | $7,859.51 |
| 9 | $3,825.66 | $41.41 | $941.03 | $2,884.64 | $726.58 | $8,841.95 |
| 10 | $2,884.64 | $31.23 | $951.21 | $1,933.43 | $757.81 | $9,824.38 |
| 11 | $1,933.43 | $20.93 | $961.51 | $971.92 | $778.74 | $10,806.82 |
| 12 | $971.92 | $10.52 | $971.92 | $0.00 | $789.26 | $11,789.26 |