Your estimated monthly payments are $516 and you will pay $189 in interest over the life of the loan. <div id="chart1Container">Chart will load here</div> <script type="text/javascript"> <!-- var myChart1 = new FusionCharts( "MSColumn2D", "myChart1Id", "100%", "100%", "0", "1" ); myChart1.setXMLData("<chart showValues='0' showFCMenuItem='0' decimals='0' formatNumberScale='0' caption='Cumulative Values' xAxisName='Years' numberPrefix='$' bgColor='FFFFFF' showBorder='1' borderColor='FFFFFF' borderThickness='1' canvasBgColor='E6E3CF' palette='2' numberSuffix='' thousandSeparator=',' decimalSeparator='.'><categories><category label='1' /></categories><dataset seriesName='Interest'><set value='189.0' /></dataset><dataset seriesName='Payment'><set value='6189.0' /></dataset><dataset seriesName='Balance'><set value='0.0' /></dataset></chart>"); // --> </script> <table class='simpletable'><tr><th>Month</th><th>Beginning Balance</th><th>Interest</th><th>Payment</th><th>Ending Balance</th></tr><tr><td>1</td><td>$6,000</td><td>$29</td><td>$516</td><td>$5,513</td></tr><tr><td>2</td><td>5,513</td><td>26</td><td>516</td><td>5,024</td></tr><tr><td>3</td><td>5,024</td><td>24</td><td>516</td><td>4,532</td></tr><tr><td>4</td><td>4,532</td><td>22</td><td>516</td><td>4,038</td></tr><tr><td>5</td><td>4,038</td><td>19</td><td>516</td><td>3,542</td></tr><tr><td>6</td><td>3,542</td><td>17</td><td>516</td><td>3,043</td></tr><tr><td>7</td><td>3,043</td><td>15</td><td>516</td><td>2,542</td></tr><tr><td>8</td><td>2,542</td><td>12</td><td>516</td><td>2,038</td></tr><tr><td>9</td><td>2,038</td><td>10</td><td>516</td><td>1,532</td></tr><tr><td>10</td><td>1,532</td><td>7</td><td>516</td><td>1,024</td></tr><tr><td>11</td><td>1,024</td><td>5</td><td>516</td><td>513</td></tr><tr><td>12</td><td>513</td><td>2</td><td>516</td><td>0</td></tr></table>