My terms are as follows: 4.940% interest rate $18375 balance. (Original balance was $22000) $154.75 payment per month They changed me to an "interest only" loan basis. If this was the case the payment calculates to around $74.60 per month. I do not understand what they are doing and they will not explain what they are doing. Every payment I make of $154.75 makes my principal balance decrease by $0. Can anyone make sense of this for me?