| Payment Summary | ||
|---|---|---|
| Monthly Payment | Total Interest Paid | Total Paid |
| $5.50 | $7.91 | $132.00 |
| Amortization Table | |||||
|---|---|---|---|---|---|
| # | Payment | Interest | Principal | Accumulated Principal | Balance Owing |
| 1 | $5.50 | $0.62 | $4.88 | $4.88 | $119.12 |
| 2 | $5.50 | $0.60 | $4.90 | $9.78 | $114.22 |
| 3 | $5.50 | $0.57 | $4.92 | $14.70 | $109.30 |
| 4 | $5.50 | $0.55 | $4.95 | $19.65 | $104.35 |
| 5 | $5.50 | $0.52 | $4.97 | $24.62 | $99.38 |
| 6 | $5.50 | $0.50 | $5.00 | $29.62 | $94.38 |
| 7 | $5.50 | $0.47 | $5.02 | $34.65 | $89.35 |
| 8 | $5.50 | $0.45 | $5.05 | $39.70 | $84.30 |
| 9 | $5.50 | $0.42 | $5.07 | $44.77 | $79.23 |
| 10 | $5.50 | $0.40 | $5.10 | $49.87 | $74.13 |
| 11 | $5.50 | $0.37 | $5.13 | $54.99 | $69.01 |
| 12 | $5.50 | $0.35 | $5.15 | $60.15 | $63.85 |
| 13 | $5.50 | $0.32 | $5.18 | $65.32 | $58.68 |
| 14 | $5.50 | $0.29 | $5.20 | $70.52 | $53.48 |
| 15 | $5.50 | $0.27 | $5.23 | $75.75 | $48.25 |
| 16 | $5.50 | $0.24 | $5.25 | $81.01 | $42.99 |
| 17 | $5.50 | $0.21 | $5.28 | $86.29 | $37.71 |
| 18 | $5.50 | $0.19 | $5.31 | $91.59 | $32.41 |
| 19 | $5.50 | $0.16 | $5.33 | $96.93 | $27.07 |
| 20 | $5.50 | $0.14 | $5.36 | $102.29 | $21.71 |
| 21 | $5.50 | $0.11 | $5.39 | $107.68 | $16.32 |
| 22 | $5.50 | $0.08 | $5.41 | $113.09 | $10.91 |
| 23 | $5.50 | $0.05 | $5.44 | $118.53 | $5.47 |
| 24 | $5.50 | $0.03 | $5.47 | $124.00 | $0.00 |