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| Payment Number | Beginning Balance | Interest Payment | Principal Payment | Ending Balance | Cumulative Interest | Cumulative Payments |
|---|---|---|---|---|---|---|
| 1 | $1,500.00 | $28.75 | $112.36 | $1,387.64 | $28.75 | $141.11 |
| 2 | $1,387.64 | $26.60 | $114.52 | $1,273.12 | $55.35 | $282.23 |
| 3 | $1,273.12 | $24.40 | $116.71 | $1,156.40 | $79.75 | $423.34 |
| 4 | $1,156.40 | $22.16 | $118.95 | $1,037.45 | $101.91 | $564.46 |
| 5 | $1,037.45 | $19.88 | $121.23 | $916.22 | $121.80 | $705.57 |
| 6 | $916.22 | $17.56 | $123.55 | $792.67 | $139.36 | $846.69 |
| 7 | $792.67 | $15.19 | $125.92 | $666.75 | $154.55 | $987.80 |
| 8 | $666.75 | $12.78 | $128.34 | $538.41 | $167.33 | $1,128.92 |
| 9 | $538.41 | $10.32 | $130.79 | $407.62 | $177.65 | $1,270.03 |
| 10 | $407.62 | $7.81 | $133.30 | $274.32 | $185.46 | $1,411.14 |
| 11 | $274.32 | $5.26 | $135.86 | $138.46 | $190.72 | $1,552.26 |
| 12 | $138.46 | $2.65 | $138.46 | $-0.00 | $193.37 | $1,693.37 |