Your estimated monthly payments are $265 and you will pay $366 in interest over the life of the loan. <div id="chart1Container">Chart will load here</div> <script type="text/javascript"> <!-- var myChart1 = new FusionCharts( "MSColumn2D", "myChart1Id", "100%", "100%", "0", "1" ); myChart1.setXMLData("<chart showValues='0' showFCMenuItem='0' decimals='0' formatNumberScale='0' caption='Cumulative Values' xAxisName='Years' numberPrefix='$' bgColor='FFFFFF' showBorder='1' borderColor='FFFFFF' borderThickness='1' canvasBgColor='E6E3CF' palette='2' numberSuffix='' thousandSeparator=',' decimalSeparator='.'><categories><category label='1' /><category label='2' /></categories><dataset seriesName='Interest'><set value='269.0' /><set value='366.0' /></dataset><dataset seriesName='Payment'><set value='3183.0' /><set value='6366.0' /></dataset><dataset seriesName='Balance'><set value='3086.0' /><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>$265</td><td>$5,764</td></tr><tr><td>2</td><td>5,764</td><td>28</td><td>265</td><td>5,526</td></tr><tr><td>3</td><td>5,526</td><td>26</td><td>265</td><td>5,287</td></tr><tr><td>4</td><td>5,287</td><td>25</td><td>265</td><td>5,047</td></tr><tr><td>5</td><td>5,047</td><td>24</td><td>265</td><td>4,806</td></tr><tr><td>6</td><td>4,806</td><td>23</td><td>265</td><td>4,564</td></tr><tr><td>7</td><td>4,564</td><td>22</td><td>265</td><td>4,321</td></tr><tr><td>8</td><td>4,321</td><td>21</td><td>265</td><td>4,076</td></tr><tr><td>9</td><td>4,076</td><td>20</td><td>265</td><td>3,830</td></tr><tr><td>10</td><td>3,830</td><td>18</td><td>265</td><td>3,583</td></tr><tr><td>11</td><td>3,583</td><td>17</td><td>265</td><td>3,335</td></tr><tr><td>12</td><td>3,335</td><td>16</td><td>265</td><td>3,086</td></tr><tr><td>13</td><td>3,086</td><td>15</td><td>265</td><td>2,836</td></tr><tr><td>14</td><td>2,836</td><td>14</td><td>265</td><td>2,584</td></tr><tr><td>15</td><td>2,584</td><td>12</td><td>265</td><td>2,331</td></tr><tr><td>16</td><td>2,331</td><td>11</td><td>265</td><td>2,077</td></tr><tr><td>17</td><td>2,077</td><td>10</td><td>265</td><td>1,822</td></tr><tr><td>18</td><td>1,822</td><td>9</td><td>265</td><td>1,565</td></tr><tr><td>19</td><td>1,565</td><td>7</td><td>265</td><td>1,307</td></tr><tr><td>20</td><td>1,307</td><td>6</td><td>265</td><td>1,048</td></tr><tr><td>21</td><td>1,048</td><td>5</td><td>265</td><td>788</td></tr><tr><td>22</td><td>788</td><td>4</td><td>265</td><td>527</td></tr><tr><td>23</td><td>527</td><td>3</td><td>265</td><td>264</td></tr><tr><td>24</td><td>264</td><td>1</td><td>265</td><td>0</td></tr></table>