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Monthly <br /> . MF&M <br /> 50,000 Micro Loan <br /> 01-Jan-05 <br /> Loan Amount 41,732.03 <br /> Annual Interest 6.50% <br /> Monthly Payment 400.00 <br /> Pay Beginning Interest Principal <br /> Period Principal Paid Paid <br /> Balance <br /> 1 41,732.03 226.05 173.95 <br /> 2 41,558.08 225.11 174.89 <br /> 3 41,383.19 224.16 175.84 <br /> 4 41,207.35 223.21 176.79 <br /> 5 41,030.56 222.25 177.75 <br /> 6 40,852.81 221.29 178.71 <br /> 7 40,674.10 220.32 179.68 <br /> 8 40,494.42 219.34 180.66 <br /> 9 40,313.76 218.37 181.63 <br /> 10 40,132.13 217.38 182.62 <br /> 11 39,949.51 216.39 183.61 <br /> 12 39,765.90 215.40 184.60 <br /> 13 39,581.30 214.40 185.60 <br /> 14 39,395.70 213.39 186.61 <br /> • 15 39,209.09 <br /> 39,021.47 212.38 187.62 <br /> 16 211.37 188.63 <br /> 17 38,832.84 210.34 189.66 <br /> 18 38,643.18 209.32 190.68 <br /> 19 38,452.50 208.28 191.72 <br /> 20 38,260.78 207.25 192.75 <br /> 21 38,068.03 206.20 193.80 <br /> 22 37,874.23 205.15 194.85 <br /> 23 37,679.38 204.10 195.90 <br /> 24 37,483.48 203.04 196.96 Balloon Payment <br /> • <br /> Page 1 <br />