| Year | Beginning Balance | Interest | Annual Payment | Ending Balance |
|---|
| 1 | 30000 | 900 | 1531 | 29369 |
| 2 | 29369 | 881 | 1531 | 28720 |
| 3 | 28720 | 862 | 1531 | 28051 |
| 4 | 28051 | 842 | 1531 | 27362 |
| 5 | 27362 | 821 | 1531 | 26652 |
| 6 | 26652 | 800 | 1531 | 25921 |
| 7 | 25921 | 778 | 1531 | 25168 |
| 8 | 25168 | 755 | 1531 | 24393 |
| 9 | 24393 | 732 | 1531 | 23594 |
| 10 | 23594 | 708 | 1531 | 22771 |
| 11 | 22771 | 683 | 1531 | 21924 |
| 12 | 21924 | 658 | 1531 | 21051 |
| 13 | 21051 | 632 | 1531 | 20152 |
| 14 | 20152 | 605 | 1531 | 19226 |
| 15 | 19226 | 577 | 1531 | 18272 |
| 16 | 18272 | 548 | 1531 | 17290 |
| 17 | 17290 | 519 | 1531 | 16278 |
| 18 | 16278 | 488 | 1531 | 15235 |
| 19 | 15235 | 457 | 1531 | 14162 |
| 20 | 14162 | 425 | 1531 | 13056 |
| 21 | 13056 | 392 | 1531 | 11917 |
| 22 | 11917 | 358 | 1531 | 10744 |
| 23 | 10744 | 322 | 1531 | 9536 |
| 24 | 9536 | 286 | 1531 | 8291 |
| 25 | 8291 | 249 | 1531 | 7010 |
| 26 | 7010 | 210 | 1531 | 5689 |
| 27 | 5689 | 171 | 1531 | 4329 |
| 28 | 4329 | 130 | 1531 | 2929 |
| 29 | 2929 | 88 | 1531 | 1486 |
| 30 | 1486 | 45 | 1531 | 0 |