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100000

Loan Amount (pv)


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

$1,227,593
1.04%

2,500,000

Cumulative Interest
Principal Paid

2,000,000
1,500,000

38
1,000,000

Payment per Period


Total Interest Paid

$39,285.32
$

500,000

265,248.59
0
0

Period
dec
jan
Feb
mar
apri
may
june
july
aug
sept
oct
nov
dec

Payment
Amount

Cumulative
Interest
Interest

10

20

30

40

50

Principal

Principal
Paid

39,285.32

12,787.43

12,787.43

26,497.88

26,497.88

39,285.32

12,511.41

25,298.84

26,773.90

53,271.79

39,285.32

12,232.52

37,531.36

27,052.80

80,324.59

39,285.32

11,950.72

49,482.08

27,334.60

107,659.19

39,285.32

11,665.98

61,148.06

27,619.33

135,278.52

39,285.32

11,378.28

72,526.34

27,907.04

163,185.56

39,285.32

11,087.58

83,613.92

28,197.73

191,383.29

39,285.32

10,793.86

94,407.78

28,491.46

219,874.75

39,285.32

10,497.07

104,904.84

28,788.25

248,663.00

10

39,285.32

10,197.19

115,102.04

29,088.12

277,751.12

11

39,285.32

9,894.19

124,996.23

29,391.13

307,142.24

12

39,285.32

9,588.03

134,584.26

29,697.28

336,839.53

13

39,285.32

9,278.69

143,862.95

30,006.63

366,846.16

14

39,285.32

8,966.12

152,829.06

30,319.20

397,165.36

15

39,285.32

8,650.29

161,479.35

30,635.02

427,800.38

16

39,285.32

8,331.18

169,810.53

30,954.14

458,754.52

17

39,285.32

8,008.74

177,819.27

31,276.58

490,031.09

18

39,285.32

7,682.94

185,502.21

31,602.37

521,633.47

19

39,285.32

7,353.75

192,855.96

31,931.57

553,565.04

20

39,285.32

7,021.13

199,877.09

32,264.19

585,829.22

21

39,285.32

6,685.04

206,562.13

32,600.27

618,429.49

22

39,285.32

6,345.46

212,907.59

32,939.86

651,369.35

23

39,285.32

6,002.33

218,909.92

33,282.98

684,652.33

24

39,285.32

5,655.64

224,565.56

33,629.68

718,282.01

25

39,285.32

5,305.33

229,870.89

33,979.99

752,262.00

26

39,285.32

4,951.37

234,822.26

34,333.95

786,595.95

27

39,285.32

4,593.72

239,415.98

34,691.59

821,287.54

28

39,285.32

4,232.35

243,648.33

35,052.96

856,340.50

29

39,285.32

3,867.22

247,515.55

35,418.10

891,758.60

30

39,285.32

3,498.28

251,013.83

35,787.04

927,545.64

31

39,285.32

3,125.50

254,139.33

36,159.82

963,705.46

32

39,285.32

2,748.83

256,888.16

36,536.48

1,000,241.94

33

39,285.32

2,368.24

259,256.40

36,917.07

1,037,159.01

34

39,285.32

1,983.69

261,240.10

37,301.62

1,074,460.63

35

39,285.32

1,595.13

262,835.23

37,690.18

1,112,150.82

36

39,285.32

1,202.53

264,037.76

38,082.79

1,150,233.61

37

39,285.32

805.83

264,843.59

38,479.48

1,188,713.09

38

39,285.32

405.00

265,248.59

38,880.31

1,227,593.40

50

60

70

80

Balance
$

1,227,593.40
1,201,095.52
1,174,321.61
1,147,268.81
1,119,934.22
1,092,314.88
1,064,407.85
1,036,210.11
1,007,718.65
978,930.41
949,842.28
920,451.16
890,753.87
860,747.25
830,428.05
799,793.02
768,838.89
737,562.31
705,959.93
674,028.37
641,764.18
609,163.91
576,224.05
542,941.07
509,311.39
475,331.40
440,997.45
406,305.86
371,252.90
335,834.80
300,047.76
263,887.95
227,351.46
190,434.39
153,132.77

115,442.59
77,359.80
38,880.31
0.00
-

0
Loan Amount (pv)
Interest Rate (rate)
Total # of Periods (Nper)

$1,571,538
1.46%

2,500,000

Cumulative Interest

Principal Paid

2,000,000

1,500,000

48
1,000,000

Payment per Period


Total Interest Paid

$45,754.36
$

500,000

624,670.69
0

Period

Payment
Amount

Interest

Cumulative
Interest

10

20

Principal

30

40

50

Principal
Paid

2010
Feb
mar
apri
may
june
july
aug
sept
oct
nov
dec
Jan-11
feb
mar
apri
may
june
july
aug
sept
oct
nov
dec
Jan-12
feb
mar
apri
may
june
july
aug
sep
oct
nov
dec
2013jan

60

70

80

Balance
$

1,571,538.39

45,754.36

22,918.27

22,918.27

22,836.09

22,836.09

1,548,702.31

45,754.36

22,585.24

45,503.51

23,169.11

46,005.20

1,525,533.19

45,754.36

22,247.36

67,750.87

23,507.00

69,512.20

1,502,026.20

45,754.36

21,904.55

89,655.42

23,849.81

93,362.01

1,478,176.39

45,754.36

21,556.74

111,212.16

24,197.62

117,559.62

1,453,978.77

45,754.36

21,203.86

132,416.01

24,550.50

142,110.12

1,429,428.27

45,754.36

20,845.83

153,261.84

24,908.53

167,018.65

1,404,519.75

45,754.36

20,482.58

173,744.42

25,271.78

192,290.42

1,379,247.97

45,754.36

20,114.03

193,858.46

25,640.32

217,930.75

1,353,607.65

10

45,754.36

19,740.11

213,598.57

26,014.24

243,944.99

1,327,593.40

11

45,754.36

19,360.74

232,959.30

26,393.62

270,338.61

1,301,199.78

12

45,754.36

18,975.83

251,935.13

26,778.53

297,117.14

1,274,421.26

13

45,754.36

18,585.31

270,520.44

27,169.05

324,286.18

1,247,252.21

14

45,754.36

18,189.09

288,709.54

27,565.26

351,851.44

1,219,686.95

15

45,754.36

17,787.10

306,496.64

27,967.25

379,818.70

1,191,719.70

16

45,754.36

17,379.25

323,875.89

28,375.11

408,193.81

1,163,344.59

17

45,754.36

16,965.44

340,841.33

28,788.91

436,982.72

1,134,555.67

18

45,754.36

16,545.60

357,386.93

29,208.75

466,191.48

1,105,346.92

19

45,754.36

16,119.64

373,506.57

29,634.71

495,826.19

1,075,712.21

20

45,754.36

15,687.47

389,194.04

30,066.89

525,893.08

1,045,645.32

21

45,754.36

15,248.99

404,443.04

30,505.36

556,398.44

1,015,139.96

22

45,754.36

14,804.12

419,247.16

30,950.23

587,348.67

984,189.73

23

45,754.36

14,352.77

433,599.93

31,401.59

618,750.26

952,788.14

24

45,754.36

13,894.83

447,494.76

31,859.53

650,609.79

920,928.61

25

45,754.36

13,430.21

460,924.96

32,324.15

682,933.93

888,604.46

26

45,754.36

12,958.82

473,883.78

32,795.54

715,729.47

855,808.92

27

45,754.36

12,480.55

486,364.33

33,273.81

749,003.28

822,535.11

28

45,754.36

11,995.30

498,359.63

33,759.05

782,762.34

788,776.06

29

45,754.36

11,502.98

509,862.61

34,251.37

817,013.71

754,524.69

30

45,754.36

11,003.49

520,866.10

34,750.87

851,764.58

719,773.82

31

45,754.36

10,496.70

531,362.80

35,257.65

887,022.23

684,516.16

32

45,754.36

9,982.53

541,345.33

35,771.83

922,794.06

648,744.33

33

45,754.36

9,460.85

550,806.18

36,293.50

959,087.56

612,450.83

34

45,754.36

8,931.57

559,737.76

36,822.78

995,910.34

575,628.05

35

45,754.36

8,394.58

568,132.33

37,359.78

1,033,270.12

538,268.27

36

45,754.36

7,849.75

575,982.08

37,904.61

1,071,174.74

500,363.66

0
Loan Amount (pv)
Interest Rate (rate)
Total # of Periods (Nper)

$1,697,127
1.58%

2,500,000

Cumulative Interest

Principal Paid

2,000,000

1,500,000

54
1,000,000

Payment per Period


Total Interest Paid

$46,989.18
$

500,000

840,289.35
0

Period

Payment
Amount

Interest

Cumulative
Interest

10

20

Principal

30

40

50

Principal
Paid

2009
aug
sept
oct
nove
dece
Jan-10

60

70

80

Balance
$

1,697,126.58

46,989.18

26,871.17

26,871.17

20,118.01

20,118.01

1,677,008.56

46,989.18

26,552.64

53,423.81

20,436.55

40,554.56

1,656,572.01

46,989.18

26,229.06

79,652.86

20,760.13

61,314.69

1,635,811.89

46,989.18

25,900.35

105,553.22

21,088.83

82,403.52

1,614,723.06

46,989.18

25,566.45

131,119.67

21,422.74

103,826.25

1,593,300.32

46,989.18

25,227.26

156,346.92

21,761.93

125,588.18

1,571,538.39

46,989.18

24,882.69

181,229.61

22,106.49

147,694.67

1,549,431.90

46,989.18

24,532.67

205,762.28

22,456.51

170,151.19

1,526,975.39

46,989.18

24,177.11

229,939.40

22,812.07

192,963.26

1,504,163.32

10

46,989.18

23,815.92

253,755.31

23,173.26

216,136.52

1,480,990.05

11

46,989.18

23,449.01

277,204.32

23,540.17

239,676.70

1,457,449.88

12

46,989.18

23,076.29

300,280.61

23,912.89

263,589.59

1,433,536.98

13

46,989.18

22,697.67

322,978.28

24,291.51

287,881.11

1,409,245.47

14

46,989.18

22,313.05

345,291.34

24,676.13

312,557.24

1,384,569.34

15

46,989.18

21,922.35

367,213.68

25,066.84

337,624.07

1,359,502.50

16

46,989.18

21,525.46

388,739.14

25,463.73

363,087.80

1,334,038.77

17

46,989.18

21,122.28

409,861.42

25,866.90

388,954.70

1,308,171.87

18

46,989.18

20,712.72

430,574.14

26,276.46

415,231.17

1,281,895.41

19

46,989.18

20,296.68

450,870.82

26,692.51

441,923.67

1,255,202.90

20

46,989.18

19,874.05

470,744.86

27,115.14

469,038.81

1,228,087.76

21

46,989.18

19,444.72

490,189.59

27,544.46

496,583.27

1,200,543.30

22

46,989.18

19,008.60

509,198.19

27,980.58

524,563.85

1,172,562.72

23

46,989.18

18,565.58

527,763.77

28,423.61

552,987.46

1,144,139.11

24

46,989.18

18,115.54

545,879.30

28,873.65

581,861.11

1,115,265.47

25

46,989.18

17,658.37

563,537.67

29,330.81

611,191.92

1,085,934.65

26

46,989.18

17,193.97

580,731.64

29,795.22

640,987.14

1,056,139.43

27

46,989.18

16,722.21

597,453.85

30,266.98

671,254.12

1,025,872.46

28

46,989.18

16,242.98

613,696.83

30,746.20

702,000.32

995,126.26

29

46,989.18

15,756.17

629,452.99

31,233.02

733,233.34

963,893.24

30

46,989.18

15,261.64

644,714.63

31,727.54

764,960.88

932,165.70

31

46,989.18

14,759.29

659,473.92

32,229.89

797,190.77

899,935.80

32

46,989.18

14,248.98

673,722.91

32,740.20

829,930.97

867,195.60

33

46,989.18

13,730.60

687,453.51

33,258.59

863,189.56

833,937.02

34

46,989.18

13,204.00

700,657.51

33,785.18

896,974.74

800,151.84

35

46,989.18

12,669.07

713,326.58

34,320.11

931,294.85

765,831.72

36

46,989.18

12,125.67

725,452.25

34,863.51

966,158.37

730,968.21

0
Loan Amount (pv)
Interest Rate (rate)
Total # of Periods (Nper)

$1,806,756
1.71%

2,500,000

Cumulative Interest

Principal Paid

2,000,000

1,500,000

60
1,000,000

Payment per Period


Total Interest Paid

$48,372.02
$

500,000

1,095,565.17
0

Period

Payment
Amount

Interest

Cumulative
Interest

10

20

Principal

30

40

50

Principal
Paid

2009
Feb
mar
apri
may
june
july

60

70

80

Balance
$

1,806,755.77

48,372.02

30,865.41

30,865.41

17,506.60

17,506.60

1,789,249.17

48,372.02

30,566.34

61,431.75

17,805.68

35,312.28

1,771,443.49

48,372.02

30,262.16

91,693.91

18,109.86

53,422.14

1,753,333.63

48,372.02

29,952.78

121,646.69

18,419.23

71,841.37

1,734,914.40

48,372.02

29,638.12

151,284.81

18,733.89

90,575.26

1,716,180.51

48,372.02

29,318.08

180,602.90

19,053.93

109,629.20

1,697,126.58

48,372.02

28,992.58

209,595.48

19,379.44

129,008.63

1,677,747.14

48,372.02

28,661.51

238,256.99

19,710.50

148,719.13

1,658,036.64

48,372.02

28,324.79

266,581.78

20,047.22

168,766.36

1,637,989.41

10

48,372.02

27,982.32

294,564.10

20,389.70

189,156.05

1,617,599.72

11

48,372.02

27,634.00

322,198.10

20,738.02

209,894.07

1,596,861.70

12

48,372.02

27,279.72

349,477.82

21,092.30

230,986.37

1,575,769.40

13

48,372.02

26,919.39

376,397.21

21,452.62

252,438.99

1,554,316.78

14

48,372.02

26,552.91

402,950.12

21,819.10

274,258.10

1,532,497.68

15

48,372.02

26,180.17

429,130.29

22,191.85

296,449.94

1,510,305.83

16

48,372.02

25,801.06

454,931.35

22,570.96

319,020.90

1,487,734.87

17

48,372.02

25,415.47

480,346.82

22,956.54

341,977.45

1,464,778.33

18

48,372.02

25,023.30

505,370.12

23,348.72

365,326.16

1,441,429.61

19

48,372.02

24,624.42

529,994.54

23,747.59

389,073.76

1,417,682.01

20

48,372.02

24,218.73

554,213.27

24,153.28

413,227.04

1,393,528.73

21

48,372.02

23,806.12

578,019.39

24,565.90

437,792.94

1,368,962.83

22

48,372.02

23,386.45

601,405.84

24,985.57

462,778.51

1,343,977.27

23

48,372.02

22,959.61

624,365.45

25,412.40

488,190.91

1,318,564.86

24

48,372.02

22,525.48

646,890.93

25,846.53

514,037.44

1,292,718.33

25

48,372.02

22,083.94

668,974.87

26,288.08

540,325.52

1,266,430.25

26

48,372.02

21,634.85

690,609.72

26,737.17

567,062.69

1,239,693.09

27

48,372.02

21,178.09

711,787.81

27,193.93

594,256.61

1,212,499.16

28

48,372.02

20,713.53

732,501.34

27,658.49

621,915.10

1,184,840.67

29

48,372.02

20,241.03

752,742.37

28,130.99

650,046.09

1,156,709.68

30

48,372.02

19,760.46

772,502.82

28,611.56

678,657.65

1,128,098.13

31

48,372.02

19,271.68

791,774.50

29,100.34

707,757.99

1,098,997.79

32

48,372.02

18,774.55

810,549.05

29,597.47

737,355.46

1,069,400.32

33

48,372.02

18,268.92

828,817.97

30,103.09

767,458.55

1,039,297.22

34

48,372.02

17,754.66

846,572.63

30,617.35

798,075.90

1,008,679.87

35

48,372.02

17,231.61

863,804.24

31,140.40

829,216.31

977,539.47

36

48,372.02

16,699.63

880,503.88

31,672.38

860,888.69

945,867.08

0
Loan Amount (pv)
Interest Rate (rate)
Total # of Periods (Nper)

$1,907,340
1.67%

2,500,000

Cumulative Interest

Principal Paid

2,000,000

1,500,000

66
1,000,000

Payment per Period


Total Interest Paid

$47,867.98
$

500,000

1,251,946.66
0

Period

Payment
Amount

Interest

Cumulative
Interest

10

20

Principal

30

40

50

Principal
Paid

2008
aug
sept
oct
nove
dece
Jan-09

60

70

80

Balance
$

1,907,339.85

47,867.98

31,789.00

31,789.00

16,078.98

16,078.98

1,891,260.87

47,867.98

31,521.01

63,310.01

16,346.96

32,425.94

1,874,913.90

47,867.98

31,248.57

94,558.58

16,619.41

49,045.35

1,858,294.49

47,867.98

30,971.57

125,530.15

16,896.40

65,941.76

1,841,398.09

47,867.98

30,689.97

156,220.12

17,178.01

83,119.77

1,824,220.08

47,867.98

30,403.67

186,623.79

17,464.31

100,584.08

1,806,755.77

47,867.98

30,112.60

216,736.38

17,755.38

118,339.46

1,789,000.39

47,867.98

29,816.67

246,553.06

18,051.30

136,390.76

1,770,949.09

47,867.98

29,515.82

276,068.88

18,352.16

154,742.92

1,752,596.93

10

47,867.98

29,209.95

305,278.82

18,658.03

173,400.95

1,733,938.90

11

47,867.98

28,898.98

334,177.81

18,969.00

192,369.94

1,714,969.90

12

47,867.98

28,582.83

362,760.64

19,285.15

211,655.09

1,695,684.76

13

47,867.98

28,261.41

391,022.05

19,606.56

231,261.65

1,676,078.19

14

47,867.98

27,934.64

418,956.69

19,933.34

251,195.00

1,656,144.85

15

47,867.98

27,602.41

446,559.10

20,265.56

271,460.56

1,635,879.29

16

47,867.98

27,264.65

473,823.76

20,603.32

292,063.88

1,615,275.97

17

47,867.98

26,921.27

500,745.02

20,946.71

313,010.59

1,594,329.25

18

47,867.98

26,572.15

527,317.18

21,295.82

334,306.42

1,573,033.43

19

47,867.98

26,217.22

553,534.40

21,650.75

355,957.17

1,551,382.68

20

47,867.98

25,856.38

579,390.78

22,011.60

377,968.77

1,529,371.08

21

47,867.98

25,489.52

604,880.30

22,378.46

400,347.23

1,506,992.62

22

47,867.98

25,116.54

629,996.84

22,751.43

423,098.66

1,484,241.19

23

47,867.98

24,737.35

654,734.19

23,130.62

446,229.29

1,461,110.56

24

47,867.98

24,351.84

679,086.04

23,516.13

469,745.42

1,437,594.43

25

47,867.98

23,959.91

703,045.94

23,908.07

493,653.49

1,413,686.36

26

47,867.98

23,561.44

726,607.38

24,306.54

517,960.03

1,389,379.82

27

47,867.98

23,156.33

749,763.71

24,711.65

542,671.68

1,364,668.17

28

47,867.98

22,744.47

772,508.18

25,123.51

567,795.18

1,339,544.66

29

47,867.98

22,325.74

794,833.93

25,542.23

593,337.42

1,314,002.43

30

47,867.98

21,900.04

816,733.97

25,967.94

619,305.35

1,288,034.49

31

47,867.98

21,467.24

838,201.21

26,400.74

645,706.09

1,261,633.76

32

47,867.98

21,027.23

859,228.44

26,840.75

672,546.84

1,234,793.01

33

47,867.98

20,579.88

879,808.32

27,288.09

699,834.93

1,207,504.92

34

47,867.98

20,125.08

899,933.40

27,742.90

727,577.83

1,179,762.02

35

47,867.98

19,662.70

919,596.10

28,205.28

755,783.10

1,151,556.74

36

47,867.98

19,192.61

938,788.72

28,675.36

784,458.47

1,122,881.38

bank chargers
Loan Amount (pv)
Interest Rate (rate)
Total # of Periods (Nper)

0
$2,000,000
1.63%

2,500,000

Cumulative Interest

Principal Paid

2,000,000

1,500,000

72
1,000,000

Payment per Period


Total Interest Paid

$47,327.77
$

500,000

1,407,599.37
0

Period

Payment
Amount

Interest

Cumulative
Interest

10

20

Principal

30

40

50

Principal
Paid

2008
feb
mar
apr
may
jun
july

Jan-09

Jan-10

Jan-11

60

70

80

Balance
$

2,000,000.00

47,327.77

32,500.00

32,500.00

14,827.77

14,827.77

1,985,172.23

47,327.77

32,259.05

64,759.05

15,068.72

29,896.49

1,970,103.51

47,327.77

32,014.18

96,773.23

15,313.59

45,210.08

1,954,789.92

47,327.77

31,765.34

128,538.57

15,562.43

60,772.51

1,939,227.49

47,327.77

31,512.45

160,051.01

15,815.32

76,587.83

1,923,412.17

47,327.77

31,255.45

191,306.46

16,072.32

92,660.15

1,907,339.85

47,327.77

30,994.27

222,300.73

16,333.50

108,993.65

1,891,006.35

47,327.77

30,728.85

253,029.59

16,598.92

125,592.57

1,874,407.43

47,327.77

30,459.12

283,488.71

16,868.65

142,461.21

1,857,538.79

10

47,327.77

30,185.01

313,673.71

17,142.76

159,603.98

1,840,396.02

11

47,327.77

29,906.44

343,580.15

17,421.33

177,025.31

1,822,974.69

12

47,327.77

29,623.34

373,203.49

17,704.43

194,729.74

1,805,270.26

13

47,327.77

29,335.64

402,539.13

17,992.13

212,721.87

1,787,278.13

14

47,327.77

29,043.27

431,582.40

18,284.50

231,006.37

1,768,993.63

15

47,327.77

28,746.15

460,328.55

18,581.62

249,587.99

1,750,412.01

16

47,327.77

28,444.20

488,772.74

18,883.57

268,471.56

1,731,528.44

17

47,327.77

28,137.34

516,910.08

19,190.43

287,662.00

1,712,338.00

18

47,327.77

27,825.49

544,735.57

19,502.28

307,164.27

1,692,835.73

19

47,327.77

27,508.58

572,244.15

19,819.19

326,983.46

1,673,016.54

20

47,327.77

27,186.52

599,430.67

20,141.25

347,124.71

1,652,875.29

21

47,327.77

26,859.22

626,289.89

20,468.55

367,593.26

1,632,406.74

22

47,327.77

26,526.61

652,816.50

20,801.16

388,394.42

1,611,605.58

23

47,327.77

26,188.59

679,005.09

21,139.18

409,533.60

1,590,466.40

24

47,327.77

25,845.08

704,850.17

21,482.69

431,016.29

1,568,983.71

25

47,327.77

25,495.99

730,346.16

21,831.78

452,848.07

1,547,151.93

26

47,327.77

25,141.22

755,487.38

22,186.55

475,034.62

1,524,965.38

27

47,327.77

24,780.69

780,268.06

22,547.08

497,581.70

1,502,418.30

28

47,327.77

24,414.30

804,682.36

22,913.47

520,495.17

1,479,504.83

29

47,327.77

24,041.95

828,724.31

23,285.82

543,780.99

1,456,219.01

30

47,327.77

23,663.56

852,387.87

23,664.21

567,445.20

1,432,554.80

31

47,327.77

23,279.02

875,666.89

24,048.75

591,493.95

1,408,506.05

32

47,327.77

22,888.22

898,555.11

24,439.55

615,933.50

1,384,066.50

33

47,327.77

22,491.08

921,046.19

24,836.69

640,770.19

1,359,229.81

34

47,327.77

22,087.48

943,133.68

25,240.28

666,010.47

1,333,989.53

35

47,327.77

21,677.33

964,811.01

25,650.44

691,660.91

1,308,339.09

36

47,327.77

21,260.51

986,071.52

26,067.26

717,728.17

1,282,271.83

47,327.77
94,655.54
141,983.31
189,311.08
236,638.85
283,966.61
331,294.38
378,622.15
425,949.92
473,277.69
520,605.46
567,933.23
615,261.00
662,588.77
709,916.54
757,244.31
804,572.07
851,899.84
899,227.61
946,555.38
993,883.15
1,041,210.92
1,088,538.69
1,135,866.46
1,183,194.23
1,230,522.00
1,277,849.77
1,325,177.53
1,372,505.30
1,419,833.07
1,467,160.84
1,514,488.61
1,561,816.38
1,609,144.15
1,656,471.92
1,703,799.69

3900000
0

bank chargers
Loan Amount (pv)
Interest Rate (rate)
Total # of Periods (Nper)

$3,900,000
1.04%

2,500,000

Cumulative Interest

Principal Paid

2,000,000

1,500,000

60
1,000,000

Payment per Period


Total Interest Paid

$87,741.96
$

500,000

1,364,517.54
0

Period

Payment
Amount

Interest

Cumulative
Interest

10

20

Principal

30

40

50

60

Principal
Paid

80

Balance
$

2011feb
mar
apr
may
jun
july
aug
sep
oct
nov
dec
2012jan
feb
mar
apr
may
jun
july
aug
2012sept
oct
nov
dec
2013jan
feb
mar
apr
may
jun
july
aug
sep
oct
nov
dec
2014jan

70

3,900,000.00

87,741.96

40,625.00

40,625.00

47,116.96

47,116.96

3,852,883.04

87,741.96

40,134.20

80,759.20

47,607.76

94,724.72

3,805,275.28

87,741.96

39,638.28

120,397.48

48,103.67

142,828.39

3,757,171.61

87,741.96

39,137.20

159,534.69

48,604.75

191,433.15

3,708,566.85

87,741.96

38,630.90

198,165.59

49,111.05

240,544.20

3,659,455.80

87,741.96

38,119.33

236,284.92

49,622.63

290,166.83

3,609,833.17

87,741.96

37,602.43

273,887.35

50,139.53

340,306.36

3,559,693.64

87,741.96

37,080.14

310,967.49

50,661.82

390,968.18

3,509,031.82

87,741.96

36,552.41

347,519.91

51,189.54

442,157.72

3,457,842.28

10

87,741.96

36,019.19

383,539.10

51,722.77

493,880.49

3,406,119.51

11

87,741.96

35,480.41

419,019.51

52,261.55

546,142.04

3,353,857.96

12

87,741.96

34,936.02

453,955.53

52,805.94

598,947.98

3,301,052.02

13

87,741.96

34,385.96

488,341.49

53,356.00

652,303.98

3,247,696.02

14

87,741.96

33,830.17

522,171.66

53,911.79

706,215.77

3,193,784.23

15

87,741.96

33,268.59

555,440.24

54,473.37

760,689.14

3,139,310.86

16

87,741.96

32,701.15

588,141.40

55,040.80

815,729.95

3,084,270.05

17

87,741.96

32,127.81

620,269.21

55,614.15

871,344.09

3,028,655.91

18

87,741.96

31,548.50

651,817.71

56,193.46

927,537.55

2,972,462.45

19

87,741.96

30,963.15

682,780.86

56,778.81

984,316.36

2,915,683.64

20

87,741.96

30,371.70

713,152.56

57,370.25

1,041,686.62

2,858,313.38

21

87,741.96

29,774.10

742,926.66

57,967.86

1,099,654.48

2,800,345.52

22

87,741.96

29,170.27

772,096.93

58,571.69

1,158,226.17

2,741,773.83

23

87,741.96

28,560.14

800,657.07

59,181.82

1,217,407.99

2,682,592.01

24

87,741.96

27,943.67

828,600.74

59,798.29

1,277,206.28

2,622,793.72

25

87,741.96

27,320.77

855,921.51

60,421.19

1,337,627.47

2,562,372.53

26

87,741.96

26,691.38

882,612.89

61,050.58

1,398,678.05

2,501,321.95

27

87,741.96

26,055.44

908,668.32

61,686.52

1,460,364.57

2,439,635.43

28

87,741.96

25,412.87

934,081.19

62,329.09

1,522,693.66

2,377,306.34

29

87,741.96

24,763.61

958,844.80

62,978.35

1,585,672.01

2,314,327.99

30

87,741.96

24,107.58

982,952.38

63,634.38

1,649,306.39

2,250,693.61

31

87,741.96

23,444.73

1,006,397.11

64,297.23

1,713,603.62

2,186,396.38

32

87,741.96

22,774.96

1,029,172.07

64,967.00

1,778,570.62

2,121,429.38

33

87,741.96

22,098.22

1,051,270.29

65,643.74

1,844,214.36

2,055,785.64

34

87,741.96

21,414.43

1,072,684.73

66,327.53

1,910,541.88

1,989,458.12

35

87,741.96

20,723.52

1,093,408.25

67,018.44

1,977,560.32

1,922,439.68

36

87,741.96

20,025.41

1,113,433.66

67,716.55

2,045,276.86

1,854,723.14

175,483.92
263,225.88
350,967.84
438,709.80
526,451.75
614,193.71
701,935.67
789,677.63
877,419.59
965,161.55
1,052,903.51
1,140,645.47
1,228,387.43
1,316,129.39
1,403,871.35
1,491,613.30
1,579,355.26
1,667,097.22
1,754,839.18
1,842,581.14
1,930,323.10
2,018,065.06
2,105,807.02
2,193,548.98
2,281,290.94
2,369,032.90
2,456,774.85
2,544,516.81
2,632,258.77
2,720,000.73
2,807,742.69
2,895,484.65
2,983,226.61
3,070,968.57
3,158,710.53

3,980,759.20
4,020,397.48
4,059,534.69
4,098,165.59
4,136,284.92
4,173,887.35
4,210,967.49
4,247,519.91
4,283,539.10
4,319,019.51
4,353,955.53
4,388,341.49
4,422,171.66
4,455,440.24
4,488,141.40
4,520,269.21
4,551,817.71
4,582,780.86
4,613,152.56
4,642,926.66
4,672,096.93
4,700,657.07
4,728,600.74
4,755,921.51
4,782,612.89
4,808,668.32
4,834,081.19
4,858,844.80
4,882,952.38
4,906,397.11
4,929,172.07
4,951,270.29
4,972,684.73
4,993,408.25
5,013,433.66

3480000
0

bank chargers
Loan Amount (pv)
Interest Rate (rate)
Total # of Periods (Nper)

$3,480,000
1.04%

2,500,000

Cumulative Interest

Principal Paid

2,000,000

1,500,000

60
1,000,000

Payment per Period


Total Interest Paid

$78,292.83
$

500,000

1,217,569.50
0

Period

Payment
Amount

Interest

Cumulative
Interest

10

20

Principal

30

40

50

60

Principal
Paid

80

Balance
$

2011feb
mar
apr
may
jun
july
aug
sep
oct
nov
dec
2012jan
feb
mar
apr
may
jun
july
aug
2012sept
oct
nov
dec
2013jan
feb
mar
apr
may
jun
july
aug
sep
oct
nov
dec
2014jan

70

3,480,000.00

78,292.83

36,250.00

36,250.00

42,042.83

42,042.83

3,437,957.17

78,292.83

35,812.05

72,062.05

42,480.77

84,523.60

3,395,476.40

78,292.83

35,369.55

107,431.60

42,923.28

127,446.88

3,352,553.12

78,292.83

34,922.43

142,354.03

43,370.40

170,817.27

3,309,182.73

78,292.83

34,470.65

176,824.68

43,822.17

214,639.44

3,265,360.56

78,292.83

34,014.17

210,838.85

44,278.65

258,918.10

3,221,081.90

78,292.83

33,552.94

244,391.79

44,739.89

303,657.98

3,176,342.02

78,292.83

33,086.90

277,478.69

45,205.93

348,863.91

3,131,136.09

78,292.83

32,616.00

310,094.69

45,676.82

394,540.74

3,085,459.26

10

78,292.83

32,140.20

342,234.89

46,152.62

440,693.36

3,039,306.64

11

78,292.83

31,659.44

373,894.33

46,633.38

487,326.74

2,992,673.26

12

78,292.83

31,173.68

405,068.01

47,119.15

534,445.89

2,945,554.11

13

78,292.83

30,682.86

435,750.87

47,609.97

582,055.86

2,897,944.14

14

78,292.83

30,186.92

465,937.79

48,105.91

630,161.76

2,849,838.24

15

78,292.83

29,685.81

495,623.60

48,607.01

678,768.77

2,801,231.23

16

78,292.83

29,179.49

524,803.09

49,113.33

727,882.11

2,752,117.89

17

78,292.83

28,667.89

553,470.99

49,624.93

777,507.04

2,702,492.96

18

78,292.83

28,150.97

581,621.96

50,141.86

827,648.90

2,652,351.10

19

78,292.83

27,628.66

609,250.61

50,664.17

878,313.06

2,601,686.94

20

78,292.83

27,100.91

636,351.52

51,191.92

929,504.98

2,550,495.02

21

78,292.83

26,567.66

662,919.17

51,725.17

981,230.15

2,498,769.85

22

78,292.83

26,028.85

688,948.03

52,263.97

1,033,494.12

2,446,505.88

23

78,292.83

25,484.44

714,432.46

52,808.39

1,086,302.51

2,393,697.49

24

78,292.83

24,934.35

739,366.81

53,358.48

1,139,660.99

2,340,339.01

25

78,292.83

24,378.53

763,745.34

53,914.29

1,193,575.28

2,286,424.72

26

78,292.83

23,816.92

787,562.27

54,475.90

1,248,051.18

2,231,948.82

27

78,292.83

23,249.47

810,811.73

55,043.36

1,303,094.54

2,176,905.46

28

78,292.83

22,676.10

833,487.83

55,616.73

1,358,711.27

2,121,288.73

29

78,292.83

22,096.76

855,584.59

56,196.07

1,414,907.33

2,065,092.67

30

78,292.83

21,511.38

877,095.97

56,781.44

1,471,688.78

2,008,311.22

31

78,292.83

20,919.91

898,015.88

57,372.92

1,529,061.69

1,950,938.31

32

78,292.83

20,322.27

918,338.16

57,970.55

1,587,032.25

1,892,967.75

33

78,292.83

19,718.41

938,056.57

58,574.41

1,645,606.66

1,834,393.34

34

78,292.83

19,108.26

957,164.83

59,184.56

1,704,791.22

1,775,208.78

35

78,292.83

18,491.76

975,656.59

59,801.07

1,764,592.28

1,715,407.72

36

78,292.83

17,868.83

993,525.42

60,423.99

1,825,016.28

1,654,983.72

$2,008.74
156,585.65
234,878.48
313,171.30
391,464.13
469,756.95
548,049.78
626,342.60
704,635.43
782,928.25
861,221.08
939,513.90
1,017,806.73
1,096,099.55
1,174,392.38
1,252,685.20
1,330,978.03
1,409,270.85
1,487,563.68
1,565,856.50
1,644,149.33
1,722,442.15
1,800,734.98
1,879,027.80
1,957,320.63
2,035,613.45
2,113,906.28
2,192,199.10
2,270,491.93
2,348,784.75
2,427,077.58
2,505,370.40
2,583,663.23
2,661,956.05
2,740,248.88
2,818,541.70

3,552,062.05
3,587,431.60
3,622,354.03
3,656,824.68
3,690,838.85
3,724,391.79
3,757,478.69
3,790,094.69
3,822,234.89
3,853,894.33
3,885,068.01
3,915,750.87
3,945,937.79
3,975,623.60
4,004,803.09
4,033,470.99
4,061,621.96
4,089,250.61
4,116,351.52
4,142,919.17
4,168,948.03
4,194,432.46
4,219,366.81
4,243,745.34
4,267,562.27
4,290,811.73
4,313,487.83
4,335,584.59
4,357,095.97
4,378,015.88
4,398,338.16
4,418,056.57
4,437,164.83
4,455,656.59
4,473,525.42