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Loan amount $ 29,000.00
Annual interest rate 16.500%
Loan period in years 2
Start date of loan 4/1/2006

Monthly payment $ 1,426.87

Number of payments 24
Total interest $ 5,244.84
Total cost of loan $ 34,244.84

No. Payment Date Beginning Balance Payment Principal Interest Ending Balance
1 5/1/2006 $ 29,000.00 $ 1,426.87 $ 1,028.12 $ 398.75 $ 27,971.88
2 6/1/2006 $ 27,971.88 $ 1,426.87 $ 1,042.25 $ 384.61 $ 26,929.63
3 7/1/2006 $ 26,929.63 $ 1,426.87 $ 1,056.59 $ 370.28 $ 25,873.04
4 8/1/2006 $ 25,873.04 $ 1,426.87 $ 1,071.11 $ 355.75 $ 24,801.93
5 9/1/2006 $ 24,801.93 $ 1,426.87 $ 1,085.84 $ 341.03 $ 23,716.09
6 10/1/2006 $ 23,716.09 $ 1,426.87 $ 1,100.77 $ 326.10 $ 22,615.31
7 11/1/2006 $ 22,615.31 $ 1,426.87 $ 1,115.91 $ 310.96 $ 21,499.41
8 12/1/2006 $ 21,499.41 $ 1,426.87 $ 1,131.25 $ 295.62 $ 20,368.15
9 1/1/2007 $ 20,368.15 $ 1,426.87 $ 1,146.81 $ 280.06 $ 19,221.35
10 2/1/2007 $ 19,221.35 $ 1,426.87 $ 1,162.57 $ 264.29 $ 18,058.77
11 3/1/2007 $ 18,058.77 $ 1,426.87 $ 1,178.56 $ 248.31 $ 16,880.21
12 4/1/2007 $ 16,880.21 $ 1,426.87 $ 1,194.77 $ 232.10 $ 15,685.45
13 5/1/2007 $ 15,685.45 $ 1,426.87 $ 1,211.19 $ 215.67 $ 14,474.26
14 6/1/2007 $ 14,474.26 $ 1,426.87 $ 1,227.85 $ 199.02 $ 13,246.41
15 7/1/2007 $ 13,246.41 $ 1,426.87 $ 1,244.73 $ 182.14 $ 12,001.68
16 8/1/2007 $ 12,001.68 $ 1,426.87 $ 1,261.85 $ 165.02 $ 10,739.83
17 9/1/2007 $ 10,739.83 $ 1,426.87 $ 1,279.20 $ 147.67 $ 9,460.64
18 10/1/2007 $ 9,460.64 $ 1,426.87 $ 1,296.78 $ 130.08 $ 8,163.85
19 11/1/2007 $ 8,163.85 $ 1,426.87 $ 1,314.62 $ 112.25 $ 6,849.24
20 12/1/2007 $ 6,849.24 $ 1,426.87 $ 1,332.69 $ 94.18 $ 5,516.55
21 1/1/2008 $ 5,516.55 $ 1,426.87 $ 1,351.02 $ 75.85 $ 4,165.53
22 2/1/2008 $ 4,165.53 $ 1,426.87 $ 1,369.59 $ 57.28 $ 2,795.94
23 3/1/2008 $ 2,795.94 $ 1,426.87 $ 1,388.42 $ 38.44 $ 1,407.51
24 4/1/2008 $ 1,407.51 $ 1,426.87 $ 1,407.51 $ 19.35 $ 0.00
No. Payment Date Beginning Balance Payment Principal Interest Ending Balance
No. Payment Date Beginning Balance Payment Principal Interest Ending Balance
No. Payment Date Beginning Balance Payment Principal Interest Ending Balance
No. Payment Date Beginning Balance Payment Principal Interest Ending Balance
No. Payment Date Beginning Balance Payment Principal Interest Ending Balance
No. Payment Date Beginning Balance Payment Principal Interest Ending Balance
No. Payment Date Beginning Balance Payment Principal Interest Ending Balance
No. Payment Date Beginning Balance Payment Principal Interest Ending Balance
No. Payment Date Beginning Balance Payment Principal Interest Ending Balance