Amount borrowed 7,500

Period 3
Rate 0.12
Payment $3,122.62

PERIOD BALANCE PAYMENT INTEREST PAID

1 7,500 $3,122.62 900
2 $5,277.38 $3,122.62 $633.29
3 $2,788.05 $3,122.62 $334.57
4 $0.00 $3,122.62 $0.00
5 -$3,122.62 $3,122.62 -$374.71
6 -$6,619.95 $3,122.62 -$794.39
7 -$10,536.96 $3,122.62 -$1,264.44
8 -$14,924.01 $3,122.62 -$1,790.88
9 -$19,837.51 $3,122.62 -$2,380.50
10 -$25,340.63 $3,122.62 -$3,040.88
11 -$31,504.12 $3,122.62 -$3,780.49
12 -$38,407.24 $3,122.62 -$4,608.87
13 -$46,138.72 $3,122.62 -$5,536.65
14 -$54,797.98 $3,122.62 -$6,575.76
15 -$64,496.36 $3,122.62 -$7,739.56
16 -$75,358.54 $3,122.62 -$9,043.02
PAYMENT FOR PRINCIPLE
$2,222.62
$2,489.33
$2,788.05
$3,122.62
$3,497.33
$3,917.01
$4,387.05
$4,913.50
$5,503.12
$6,163.49
$6,903.11
$7,731.49
$8,659.26
$9,698.38
$10,862.18
$12,165.64