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| Payment Number | Beginning Balance | Interest Payment | Principal Payment | Ending Balance | Cumulative Interest | Cumulative Payments |
|---|---|---|---|---|---|---|
| 1 | $18,000.00 | $300.00 | $3,481.98 | $14,518.02 | $300.00 | $3,781.98 |
| 2 | $14,518.02 | $241.97 | $3,540.02 | $10,978.00 | $541.97 | $7,563.97 |
| 3 | $10,978.00 | $182.97 | $3,599.02 | $7,378.98 | $724.93 | $11,345.95 |
| 4 | $7,378.98 | $122.98 | $3,659.00 | $3,719.98 | $847.92 | $15,127.93 |
| 5 | $3,719.98 | $62.00 | $3,719.98 | $-0.00 | $909.92 | $18,909.92 |