The document shows a payment schedule for a loan over 86 payments. It includes the payment amount, interest paid, principal paid, cumulative interest, cumulative principal paid, and remaining balance for each payment period. The loan principal is gradually paid down each period as interest decreases and more goes to principal. By the 86th payment, $230,451.71 remains as the outstanding loan balance.
The document shows a payment schedule for a loan over 86 payments. It includes the payment amount, interest paid, principal paid, cumulative interest, cumulative principal paid, and remaining balance for each payment period. The loan principal is gradually paid down each period as interest decreases and more goes to principal. By the 86th payment, $230,451.71 remains as the outstanding loan balance.
The document shows a payment schedule for a loan over 86 payments. It includes the payment amount, interest paid, principal paid, cumulative interest, cumulative principal paid, and remaining balance for each payment period. The loan principal is gradually paid down each period as interest decreases and more goes to principal. By the 86th payment, $230,451.71 remains as the outstanding loan balance.
The document shows a payment schedule for a loan over 86 payments. It includes the payment amount, interest paid, principal paid, cumulative interest, cumulative principal paid, and remaining balance for each payment period. The loan principal is gradually paid down each period as interest decreases and more goes to principal. By the 86th payment, $230,451.71 remains as the outstanding loan balance.