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| Payment Number | Beginning Balance | Interest Payment | Principal Payment | Ending Balance | Cumulative Interest | Cumulative Payments |
|---|---|---|---|---|---|---|
| 1 | $5,000.00 | $87.50 | $378.07 | $4,621.93 | $87.50 | $465.57 |
| 2 | $4,621.93 | $80.88 | $384.69 | $4,237.25 | $168.38 | $931.14 |
| 3 | $4,237.25 | $74.15 | $391.42 | $3,845.83 | $242.54 | $1,396.71 |
| 4 | $3,845.83 | $67.30 | $398.27 | $3,447.56 | $309.84 | $1,862.28 |
| 5 | $3,447.56 | $60.33 | $405.24 | $3,042.33 | $370.17 | $2,327.84 |
| 6 | $3,042.33 | $53.24 | $412.33 | $2,630.00 | $423.41 | $2,793.41 |
| 7 | $2,630.00 | $46.02 | $419.54 | $2,210.45 | $469.44 | $3,258.98 |
| 8 | $2,210.45 | $38.68 | $426.89 | $1,783.57 | $508.12 | $3,724.55 |
| 9 | $1,783.57 | $31.21 | $434.36 | $1,349.21 | $539.33 | $4,190.12 |
| 10 | $1,349.21 | $23.61 | $441.96 | $907.25 | $562.94 | $4,655.69 |
| 11 | $907.25 | $15.88 | $449.69 | $457.56 | $578.82 | $5,121.26 |
| 12 | $457.56 | $8.01 | $457.56 | $0.00 | $586.83 | $5,586.83 |