160,000

Cumulative Interest

140,000

Loan Amount (pv)

Interest Rate (rate)
Total # of Periods (Nper)

$150,000

120,000

0.58%

100,000

180

80,000

Principal Paid

60,000

Payment per Period

Total Interest Paid

$1,348.24

40,000

92,683.63

20,000
0
0

Period

Payment
Amount

Interest

Cumulative
Interest

50

Principal

100

150

Principal
Paid

200

Balance
$

150,000.00

1,348.24

875.00

875.00

473.24

473.24

149,526.76

1,348.24

872.24

1,747.24

476.00

949.25

149,050.75

1,348.24

869.46

2,616.70

478.78

1,428.03

148,571.97

1,348.24

866.67

3,483.37

481.57

1,909.60

148,090.40

1,348.24

863.86

4,347.23

484.38

2,393.98

147,606.02

1,348.24

861.04

5,208.27

487.21

2,881.19

147,118.81

1,348.24

858.19

6,066.46

490.05

3,371.24

146,628.76

1,348.24

855.33

6,921.80

492.91

3,864.14

146,135.86

1,348.24

852.46

7,774.25

495.78

4,359.93

145,640.07

10

1,348.24

849.57

8,623.82

498.68

4,858.60

145,141.40

11

1,348.24

846.66

9,470.48

501.58

5,360.19

144,639.81

12

1,348.24

843.73

10,314.21

504.51

5,864.70

144,135.30

13

1,348.24

840.79

11,155.00

507.45

6,372.15

143,627.85

14

1,348.24

837.83

11,992.83

510.41

6,882.56

143,117.44

15

1,348.24

834.85

12,827.68

513.39

7,395.95

142,604.05

16

1,348.24

831.86

13,659.54

516.39

7,912.34

142,087.66

17

1,348.24

828.84

14,488.38

519.40

8,431.74

141,568.26

18

1,348.24

825.81

15,314.20

522.43

8,954.16

141,045.84

19

1,348.24

822.77

16,136.97

525.48

9,479.64

140,520.36

20

1,348.24

819.70

16,956.67

528.54

10,008.18

139,991.82

21

1,348.24

816.62

17,773.29

531.62

10,539.80

139,460.20

22

1,348.24

813.52

18,586.80

534.72

11,074.53

138,925.47

23

1,348.24

810.40

19,397.20

537.84

11,612.37

138,387.63

24

1,348.24

807.26

20,204.46

540.98

12,153.35

137,846.65

25

1,348.24

804.11

21,008.57

544.14

12,697.49

137,302.51

26

1,348.24

800.93

21,809.50

547.31

13,244.80

136,755.20

27

1,348.24

797.74

22,607.24

550.50

13,795.30

136,204.70

28

1,348.24

794.53

23,401.77

553.72

14,349.02

135,650.98

29

1,348.24

791.30

24,193.06

556.95

14,905.97

135,094.03

30

1,348.24

788.05

24,981.11

560.19

15,466.16

134,533.84

31

1,348.24

784.78

25,765.89

563.46

16,029.62

133,970.38

32

1,348.24

781.49

26,547.39

566.75

16,596.37

133,403.63

33

1,348.24

778.19

27,325.58

570.05

17,166.42

132,833.58

34

1,348.24

774.86

28,100.44

573.38

17,739.80

132,260.20

35

1,348.24

771.52

28,871.96

576.72

18,316.53

131,683.47

36

1,348.24

768.15

29,640.11

580.09

18,896.62

131,103.38