Angela Morales's auto-loan statement. The account summary shows a payoff balance of $13,800.00 at a 5.90% fixed APR with a $380.00 monthly payment and about 41 payments left. The highlighted payment breakdown shows how one $380 payment splits: $67.85 goes to interest and $312.15 goes to principal this month, and a small schedule shows the split tilting toward principal over time — $51 to $329 by payment 12 and $31 to $349 by payment 24. A note marks the loan as secured by the vehicle. Marked a sample for learning.
Auto Loan · Monthly Statement
Angela Morales · acct ending 8052 · 2021 sedan
SAMPLE — FOR LEARNING
Loan summary
Payoff balance
$13,800.00
Interest rate (APR)
5.90% fixed
Monthly payment
$380.00
Payment due date
Jul 10, 2026
Payments remaining
about 3.4 years left
≈ 41
Vehicle & security
Vehicle
2021 sedan
Original loan
48-month term
$24,000.00
Paid so far
$10,200.00
Secured loan. This vehicle is the collateral. If the loan goes unpaid, the lender may repossess it.
Where your $380 payment goes this month
To interest
$67.85
the lender's charge this month
To principal
$312.15
actually shrinks the balance
The same $380 tilts toward principal as the balance falls:
Payment 1interest $67.85principal $312.15
Payment 12interest $51principal $329
Payment 24interest $31principal $349
Sample for learning. Angela Morales, the vehicle, and every figure here are invented and refer to no real person or account. Real statements show the same interest-vs-principal split; the exact dollars depend on the balance, the APR, and the payment.
Angela's auto-loan statement: one fixed $380 payment splits $67.85 to interest and $312.15 to principal this month — and that split steadily tilts toward principal as the secured balance falls.