5year amortization schedule
loan amount or principal
interest rate on loan
extra payment to principal
$ 12,575.00
9.45%
month payment principal interest balance
1$ 263.79$ 164.76 $ 99.03 $ 12,410.24
263.79 $ 166.06 $ 97.73 $ 12,244.18
3 $ 263.79$ 167.37$ 96.42 $ 12,076.81
4 $
263.79$ 168.69 $ 95.10 $ 11,908.12
5$ 263.79 $ 170.01$ 93.78 $ 11,738.11
6 $ 263.79 $ 171.35 $ 92.44 $ 11,566.75
7 $ 263.79$ 172.70$ 91.09 $ 11,394.05
8 $ 263.79 $ 174.06 $ 89.73 $ 11,219.99
9 $ 263.79$
175.43 $ 88.36 $ 11,044.55
10 $ 263.79$ 176.82 $ 86.98 $ 10,867.74
11 $ 263.79$
178.21 $ 85.58 $ 10.689.53
12 $ 263.79$ 179.61 $ 84.18 $ 10,509.92
13 $ 263.79 $ 181.03 $ 82.77 $ 10.328.89
145
263.79$ 182.45 $ 81.34 $ 10.146.44
15 $ 263.79$ 183.89 $ 79.90 $ 9.962.55
after one year of payments, how much has been paid to interest?