Monthly Payment: $1,687.71
66% Principal
34% Interest
Total of 180 payments: $303,788.46
Total interest: $103,788.46
Amortization Schedule
| Year | Interest | Principal | Ending Balance |
|---|---|---|---|
| 1 | $11,769.23 | $8,483.33 | $191,516.67 |
| 2 | $11,246.00 | $9,006.57 | $182,510.10 |