| Payment Summary | ||
|---|---|---|
| Monthly Payment | Total Interest Paid | Total Paid |
| $1.20 | $1.73 | $28.80 |
| Amortization Table | |||||
|---|---|---|---|---|---|
| # | Payment | Interest | Principal | Accumulated Principal | Balance Owing |
| 1 | $1.20 | $0.14 | $1.06 | $1.06 | $25.94 |
| 2 | $1.20 | $0.13 | $1.07 | $2.13 | $24.87 |
| 3 | $1.20 | $0.12 | $1.07 | $3.20 | $23.80 |
| 4 | $1.20 | $0.12 | $1.08 | $4.28 | $22.72 |
| 5 | $1.20 | $0.11 | $1.08 | $5.36 | $21.64 |
| 6 | $1.20 | $0.11 | $1.09 | $6.45 | $20.55 |
| 7 | $1.20 | $0.10 | $1.09 | $7.54 | $19.46 |
| 8 | $1.20 | $0.10 | $1.10 | $8.64 | $18.36 |
| 9 | $1.20 | $0.09 | $1.10 | $9.75 | $17.25 |
| 10 | $1.20 | $0.09 | $1.11 | $10.86 | $16.14 |
| 11 | $1.20 | $0.08 | $1.12 | $11.97 | $15.03 |
| 12 | $1.20 | $0.08 | $1.12 | $13.10 | $13.90 |
| 13 | $1.20 | $0.07 | $1.13 | $14.22 | $12.78 |
| 14 | $1.20 | $0.06 | $1.13 | $15.36 | $11.64 |
| 15 | $1.20 | $0.06 | $1.14 | $16.49 | $10.51 |
| 16 | $1.20 | $0.05 | $1.14 | $17.64 | $9.36 |
| 17 | $1.20 | $0.05 | $1.15 | $18.79 | $8.21 |
| 18 | $1.20 | $0.04 | $1.16 | $19.94 | $7.06 |
| 19 | $1.20 | $0.04 | $1.16 | $21.11 | $5.89 |
| 20 | $1.20 | $0.03 | $1.17 | $22.27 | $4.73 |
| 21 | $1.20 | $0.02 | $1.17 | $23.45 | $3.55 |
| 22 | $1.20 | $0.02 | $1.18 | $24.62 | $2.38 |
| 23 | $1.20 | $0.01 | $1.18 | $25.81 | $1.19 |
| 24 | $1.20 | $0.01 | $1.19 | $27.00 | $0.00 |