| $98,000.00 |
 |
|||
 |
|||
| 1 |
| PRINCIPAL | APR | Interest Rate Per Period, i | Number of Payments, n | Payment, d | |||||||||||||
|
0.06 | 0.005 | 360 | $587.56 | |||||||||||||
| Payment # | Date | Towards Interest | Towards Principal | Cumulative Interest | Cumulative Principal | Principal Balance | |||||||||||
|
Jan-07 | $490.00 | $97.56 | $490.00 | $97.56 | $97,902.44 | |||||||||||
| 2 | Feb-07 | $489.51 | $98.05 | $979.51 | $195.61 | $97,804.39 | |||||||||||
| 3 | Mar-07 | $489.02 | $98.54 | $1,468.53 | $294.14 | $97,705.86 | |||||||||||
| 4 | Apr-07 | $488.53 | $99.03 | $1,957.06 | $393.17 | $97,606.83 | |||||||||||
| 5 | May-07 | $488.03 | $99.53 | $2,445.10 | $492.70 | $97,507.30 | |||||||||||
| 6 | Jun-07 | $487.54 | $100.02 | $2,932.63 | $592.72 | $97,407.28 | |||||||||||
| 7 | Jul-07 | $487.04 | $100.52 | $3,419.67 | $693.25 | $97,306.75 | |||||||||||
| 8 | Aug-07 | $486.53 | $101.03 | $3,906.20 | $794.27 | $97,205.73 | |||||||||||
| 9 | Sep-07 | $486.03 | $101.53 | $4,392.23 | $895.80 | $97,104.20 | |||||||||||
| 10 | Oct-07 | $485.52 | $102.04 | $4,877.75 | $997.84 | $97,002.16 | |||||||||||
| 11 | Nov-07 | $485.01 | $102.55 | $5,362.76 | $1,100.39 | $96,899.61 | |||||||||||
| 12 | Dec-07 | $484.50 | $103.06 | $5,847.26 | $1,203.45 | $96,796.55 | |||||||||||
| 13 | Jan-08 | $483.98 | $103.58 | $6,331.25 | $1,307.03 | $96,692.97 | |||||||||||
| 14 | Feb-08 | $483.46 | $104.09 | $6,814.71 | $1,411.12 | $96,588.88 | |||||||||||
| 15 | Mar-08 | $482.94 | $104.62 | $7,297.65 | $1,515.74 | $96,484.26 | |||||||||||
| 16 | Apr-08 | $482.42 | $105.14 | $7,780.08 | $1,620.88 | $96,379.12 | |||||||||||
| 17 | May-08 | $481.90 | $105.66 | $8,261.97 | $1,726.54 | $96,273.46 |