Your estimated monthly payments are $111 and you will pay $1,673 in interest over the life of the loan. <div id="chart1Container">Chart will load here</div> <script type="text/javascript"> <!-- var myChart1 = new FusionCharts( "MSColumn2D", "myChart1Id", "100%", "100%", "0", "1" ); myChart1.setXMLData("<chart showValues='0' showFCMenuItem='0' decimals='0' formatNumberScale='0' caption='Cumulative Values' xAxisName='Years' numberPrefix='$' bgColor='FFFFFF' showBorder='1' borderColor='FFFFFF' borderThickness='1' canvasBgColor='E6E3CF' palette='2' numberSuffix='' thousandSeparator=',' decimalSeparator='.'><categories><category label='1' /><category label='2' /><category label='3' /><category label='4' /><category label='5' /></categories><dataset seriesName='Interest'><set value='558.0' /><set value='1018.0' /><set value='1367.0' /><set value='1590.0' /><set value='1673.0' /></dataset><dataset seriesName='Payment'><set value='1335.0' /><set value='2669.0' /><set value='4004.0' /><set value='5339.0' /><set value='6673.0' /></dataset><dataset seriesName='Balance'><set value='4224.0' /><set value='3349.0' /><set value='2363.0' /><set value='1252.0' /><set value='0.0' /></dataset></chart>"); // --> </script> <table class='pure-table pure-table-bordered' role='grid'><tr><th scope="col">Year</th><th scope="col">Beginning Balance</th><th scope="col">Interest</th><th scope="col">Payment</th><th scope="col">Ending Balance</th></tr><tr><td role="rowheader" scope="row">1</td><td>$5,000</td><td>$558</td><td>$1,335</td><td>$4,224</td></tr><tr><td role="rowheader" scope="row">2</td><td>4,224</td><td>460</td><td>1,335</td><td>3,349</td></tr><tr><td role="rowheader" scope="row">3</td><td>3,349</td><td>349</td><td>1,335</td><td>2,363</td></tr><tr><td role="rowheader" scope="row">4</td><td>2,363</td><td>224</td><td>1,335</td><td>1,252</td></tr><tr><td role="rowheader" scope="row">5</td><td>1,252</td><td>83</td><td>1,335</td><td>0</td></tr></table>