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Loan amount $ 5,000.00
Annual interest rate 5.50%
Loan period in years 5
Start date of loan 6/30/2021

Monthly payment $ 95.51

Number of payments 60
Total interest $ 730.35
Total cost of loan $ 5,730.35

Payment Beginning Ending

No. Date Balance Payment Principal Interest Balance
1 7/30/2021 $ 5,000.00 $ 95.51 $ 72.59 $ 22.92 $ 4,927.41
2 8/30/2021 $ 4,927.41 $ 95.51 $ 72.92 $ 22.58 $ 4,854.49
3 9/30/2021 $ 4,854.49 $ 95.51 $ 73.26 $ 22.25 $ 4,781.23
4 10/30/2021 $ 4,781.23 $ 95.51 $ 73.59 $ 21.91 $ 4,707.64
5 11/30/2021 $ 4,707.64 $ 95.51 $ 73.93 $ 21.58 $ 4,633.71
6 12/30/2021 $ 4,633.71 $ 95.51 $ 74.27 $ 21.24 $ 4,559.44
7 1/30/2022 $ 4,559.44 $ 95.51 $ 74.61 $ 20.90 $ 4,484.84
8 3/2/2022 $ 4,484.84 $ 95.51 $ 74.95 $ 20.56 $ 4,409.89
9 3/30/2022 $ 4,409.89 $ 95.51 $ 75.29 $ 20.21 $ 4,334.59
10 4/30/2022 $ 4,334.59 $ 95.51 $ 75.64 $ 19.87 $ 4,258.95
11 5/30/2022 $ 4,258.95 $ 95.51 $ 75.99 $ 19.52 $ 4,182.97
12 6/30/2022 $ 4,182.97 $ 95.51 $ 76.33 $ 19.17 $ 4,106.63
13 7/30/2022 $ 4,106.63 $ 95.51 $ 76.68 $ 18.82 $ 4,029.95
14 8/30/2022 $ 4,029.95 $ 95.51 $ 77.04 $ 18.47 $ 3,952.91
15 9/30/2022 $ 3,952.91 $ 95.51 $ 77.39 $ 18.12 $ 3,875.53
16 10/30/2022 $ 3,875.53 $ 95.51 $ 77.74 $ 17.76 $ 3,797.78
17 11/30/2022 $ 3,797.78 $ 95.51 $ 78.10 $ 17.41 $ 3,719.68
18 12/30/2022 $ 3,719.68 $ 95.51 $ 78.46 $ 17.05 $ 3,641.23
19 1/30/2023 $ 3,641.23 $ 95.51 $ 78.82 $ 16.69 $ 3,562.41
20 3/2/2023 $ 3,562.41 $ 95.51 $ 79.18 $ 16.33 $ 3,483.23
21 3/30/2023 $ 3,483.23 $ 95.51 $ 79.54 $ 15.96 $ 3,403.69
22 4/30/2023 $ 3,403.69 $ 95.51 $ 79.91 $ 15.60 $ 3,323.78
23 5/30/2023 $ 3,323.78 $ 95.51 $ 80.27 $ 15.23 $ 3,243.51
24 6/30/2023 $ 3,243.51 $ 95.51 $ 80.64 $ 14.87 $ 3,162.87
25 7/30/2023 $ 3,162.87 $ 95.51 $ 81.01 $ 14.50 $ 3,081.86
26 8/30/2023 $ 3,081.86 $ 95.51 $ 81.38 $ 14.13 $ 3,000.48
27 9/30/2023 $ 3,000.48 $ 95.51 $ 81.75 $ 13.75 $ 2,918.73

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 Payment Beginning Ending
No. Date Balance Payment Principal Interest Balance
28 10/30/2023 $ 2,918.73 $ 95.51 $ 82.13 $ 13.38 $ 2,836.60
29 11/30/2023 $ 2,836.60 $ 95.51 $ 82.50 $ 13.00 $ 2,754.10
30 12/30/2023 $ 2,754.10 $ 95.51 $ 82.88 $ 12.62 $ 2,671.21
31 1/30/2024 $ 2,671.21 $ 95.51 $ 83.26 $ 12.24 $ 2,587.95
32 3/1/2024 $ 2,587.95 $ 95.51 $ 83.64 $ 11.86 $ 2,504.31
33 3/30/2024 $ 2,504.31 $ 95.51 $ 84.03 $ 11.48 $ 2,420.28
34 4/30/2024 $ 2,420.28 $ 95.51 $ 84.41 $ 11.09 $ 2,335.87
35 5/30/2024 $ 2,335.87 $ 95.51 $ 84.80 $ 10.71 $ 2,251.07
36 6/30/2024 $ 2,251.07 $ 95.51 $ 85.19 $ 10.32 $ 2,165.88
37 7/30/2024 $ 2,165.88 $ 95.51 $ 85.58 $ 9.93 $ 2,080.30
38 8/30/2024 $ 2,080.30 $ 95.51 $ 85.97 $ 9.53 $ 1,994.33
39 9/30/2024 $ 1,994.33 $ 95.51 $ 86.37 $ 9.14 $ 1,907.96
40 10/30/2024 $ 1,907.96 $ 95.51 $ 86.76 $ 8.74 $ 1,821.20
41 11/30/2024 $ 1,821.20 $ 95.51 $ 87.16 $ 8.35 $ 1,734.04
42 12/30/2024 $ 1,734.04 $ 95.51 $ 87.56 $ 7.95 $ 1,646.49
43 1/30/2025 $ 1,646.49 $ 95.51 $ 87.96 $ 7.55 $ 1,558.53
44 3/2/2025 $ 1,558.53 $ 95.51 $ 88.36 $ 7.14 $ 1,470.16
45 3/30/2025 $ 1,470.16 $ 95.51 $ 88.77 $ 6.74 $ 1,381.40
46 4/30/2025 $ 1,381.40 $ 95.51 $ 89.17 $ 6.33 $ 1,292.22
47 5/30/2025 $ 1,292.22 $ 95.51 $ 89.58 $ 5.92 $ 1,202.64
48 6/30/2025 $ 1,202.64 $ 95.51 $ 89.99 $ 5.51 $ 1,112.64
49 7/30/2025 $ 1,112.64 $ 95.51 $ 90.41 $ 5.10 $ 1,022.24
50 8/30/2025 $ 1,022.24 $ 95.51 $ 90.82 $ 4.69 $ 931.42
51 9/30/2025 $ 931.42 $ 95.51 $ 91.24 $ 4.27 $ 840.18
52 10/30/2025 $ 840.18 $ 95.51 $ 91.65 $ 3.85 $ 748.53
53 11/30/2025 $ 748.53 $ 95.51 $ 92.08 $ 3.43 $ 656.45
54 12/30/2025 $ 656.45 $ 95.51 $ 92.50 $ 3.01 $ 563.95
55 1/30/2026 $ 563.95 $ 95.51 $ 92.92 $ 2.58 $ 471.03
56 3/2/2026 $ 471.03 $ 95.51 $ 93.35 $ 2.16 $ 377.69
57 3/30/2026 $ 377.69 $ 95.51 $ 93.77 $ 1.73 $ 283.91
58 4/30/2026 $ 283.91 $ 95.51 $ 94.20 $ 1.30 $ 189.71
59 5/30/2026 $ 189.71 $ 95.51 $ 94.64 $ 0.87 $ 95.07
60 6/30/2026 $ 95.07 $ 95.51 $ 95.07 $ 0.44 $ (0.00)

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