Payments

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Scenario 1

$50,000 $2,000,000

0.01% 15%

1 35

$1,019.77
$12,237.23
$195,023.17

Scenario 2

$50,000 $2,000,000

0.01% 15%

1 35

$885.01
$10,620.16
$194,071.87

Scenario Table 1

Period Total paid Interest Principal Balance
Year 1 $7,260.39 $4,976.83 $195,023.17

Scenario Table 2

Period Total paid Interest Principal Balance
Year 1 $4,692.03 $5,928.13 $194,071.87

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