$70,000
$1,282
$76,970
$6,970
12.5%
87.5%
| Year | Year Interest Paid | Total Interest Paid | Year Principal Repaid | Total Principal Repaid | Loan Balance |
|---|---|---|---|---|---|
| 0 | US$0.00 | US$0.00 | US$0.00 | US$0.00 | US$70,000.00 |
| 1 | US$2,435.86 | US$2,435.86 | US$12,958.32 | US$12,958.32 | US$57,041.68 |
| 2 | US$1,934.77 | US$4,370.63 | US$13,459.41 | US$26,417.73 | US$43,582.27 |
| 3 | US$1,414.31 | US$5,784.94 | US$13,979.87 | US$40,397.60 | US$29,602.40 |
| 4 | US$873.73 | US$6,658.66 | US$14,520.45 | US$54,918.06 | US$15,081.94 |
| 5 | US$312.24 | US$6,970.90 | US$15,081.94 | US$70,000.00 | US$0.00 |