The document outlines a payment schedule for repaying a loan over 72 months. It shows the monthly payment amount, interest charged, principal paid down, and the remaining balance over the life of the loan. Each monthly payment of $886.12 is first applied to interest, with the remainder going to reduce the principal balance. By the final payment, the full principal balance of $54,175 has been paid off.
The document outlines a payment schedule for repaying a loan over 72 months. It shows the monthly payment amount, interest charged, principal paid down, and the remaining balance over the life of the loan. Each monthly payment of $886.12 is first applied to interest, with the remainder going to reduce the principal balance. By the final payment, the full principal balance of $54,175 has been paid off.
The document outlines a payment schedule for repaying a loan over 72 months. It shows the monthly payment amount, interest charged, principal paid down, and the remaining balance over the life of the loan. Each monthly payment of $886.12 is first applied to interest, with the remainder going to reduce the principal balance. By the final payment, the full principal balance of $54,175 has been paid off.
The document outlines a payment schedule for repaying a loan over 72 months. It shows the monthly payment amount, interest charged, principal paid down, and the remaining balance over the life of the loan. Each monthly payment of $886.12 is first applied to interest, with the remainder going to reduce the principal balance. By the final payment, the full principal balance of $54,175 has been paid off.