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| Payment Number | Beginning Balance | Interest Payment | Principal Payment | Ending Balance | Cumulative Interest | Cumulative Payments |
|---|---|---|---|---|---|---|
| 1 | $8,000.00 | $40.00 | $648.53 | $7,351.47 | $40.00 | $688.53 |
| 2 | $7,351.47 | $36.76 | $651.77 | $6,699.69 | $76.76 | $1,377.06 |
| 3 | $6,699.69 | $33.50 | $655.03 | $6,044.66 | $110.26 | $2,065.59 |
| 4 | $6,044.66 | $30.22 | $658.31 | $5,386.35 | $140.48 | $2,754.13 |
| 5 | $5,386.35 | $26.93 | $661.60 | $4,724.75 | $167.41 | $3,442.66 |
| 6 | $4,724.75 | $23.62 | $664.91 | $4,059.85 | $191.03 | $4,131.19 |
| 7 | $4,059.85 | $20.30 | $668.23 | $3,391.61 | $211.33 | $4,819.72 |
| 8 | $3,391.61 | $16.96 | $671.57 | $2,720.04 | $228.29 | $5,508.25 |
| 9 | $2,720.04 | $13.60 | $674.93 | $2,045.11 | $241.89 | $6,196.78 |
| 10 | $2,045.11 | $10.23 | $678.31 | $1,366.80 | $252.12 | $6,885.31 |
| 11 | $1,366.80 | $6.83 | $681.70 | $685.11 | $258.95 | $7,573.85 |
| 12 | $685.11 | $3.43 | $685.11 | $-0.00 | $262.38 | $8,262.38 |