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

$889.97
$10,679.61
$194,110.52

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 $4,790.13 $5,889.48 $194,110.52

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