Borrow amount
$30k
Advertised Rate

5.79%

Variable

Comparison Rate*

6.06%

Loan term
5 Years
Bank First
Repayment frequency
Monthly
Monthly repayment

$577

Number of repayments
60
Total interest paid
$4.6k
Total repayments

Monthly Repayment Schedule

Results are estimates only. Please allow for slight rounding differences.

DatePrincipalInterestPaymentBalance
1Feb 2021$432.31$144.75$577.06$29,567.69
2Mar 2021$434.40$142.66$577.06$29,133.29
3Apr 2021$436.49$140.57$577.06$28,696.80
4May 2021$438.60$138.46$577.06$28,258.20
5Jun 2021$440.71$136.35$577.06$27,817.49
6Jul 2021$442.84$134.22$577.06$27,374.65
7Aug 2021$444.98$132.08$577.06$26,929.67
8Sep 2021$447.12$129.94$577.06$26,482.55
9Oct 2021$449.28$127.78$577.06$26,033.27
10Nov 2021$451.45$125.61$577.06$25,581.82
11Dec 2021$453.63$123.43$577.06$25,128.19
2021 Total$4,871.81$1,475.85$6,347.66
12Jan 2022$455.82$121.24$577.06$24,672.37
13Feb 2022$458.02$119.04$577.06$24,214.35
14Mar 2022$460.23$116.83$577.06$23,754.12
15Apr 2022$462.45$114.61$577.06$23,291.67
16May 2022$464.68$112.38$577.06$22,826.99
17Jun 2022$466.92$110.14$577.06$22,360.07
18Jul 2022$469.17$107.89$577.06$21,890.90
19Aug 2022$471.44$105.62$577.06$21,419.46
20Sep 2022$473.71$103.35$577.06$20,945.75
21Oct 2022$476.00$101.06$577.06$20,469.75
22Nov 2022$478.29$98.77$577.06$19,991.46
23Dec 2022$480.60$96.46$577.06$19,510.86
2022 Total$5,617.33$1,307.39$6,924.72
24Jan 2023$482.92$94.14$577.06$19,027.94
25Feb 2023$485.25$91.81$577.06$18,542.69
26Mar 2023$487.59$89.47$577.06$18,055.10
27Apr 2023$489.94$87.12$577.06$17,565.16
28May 2023$492.31$84.75$577.06$17,072.85
29Jun 2023$494.68$82.38$577.06$16,578.17
30Jul 2023$497.07$79.99$577.06$16,081.10
31Aug 2023$499.47$77.59$577.06$15,581.63
32Sep 2023$501.88$75.18$577.06$15,079.75
33Oct 2023$504.30$72.76$577.06$14,575.45
34Nov 2023$506.73$70.33$577.06$14,068.72
35Dec 2023$509.18$67.88$577.06$13,559.54
2023 Total$5,951.32$973.4$6,924.72
36Jan 2024$511.64$65.42$577.06$13,047.90
37Feb 2024$514.10$62.96$577.06$12,533.80
38Mar 2024$516.58$60.48$577.06$12,017.22
39Apr 2024$519.08$57.98$577.06$11,498.14
40May 2024$521.58$55.48$577.06$10,976.56
41Jun 2024$524.10$52.96$577.06$10,452.46
42Jul 2024$526.63$50.43$577.06$9,925.83
43Aug 2024$529.17$47.89$577.06$9,396.66
44Sep 2024$531.72$45.34$577.06$8,864.94
45Oct 2024$534.29$42.77$577.06$8,330.65
46Nov 2024$536.86$40.20$577.06$7,793.79
47Dec 2024$539.45$37.61$577.06$7,254.34
2024 Total$6,305.2$619.52$6,924.72
48Jan 2025$542.06$35.00$577.06$6,712.28
49Feb 2025$544.67$32.39$577.06$6,167.61
50Mar 2025$547.30$29.76$577.06$5,620.31
51Apr 2025$549.94$27.12$577.06$5,070.37
52May 2025$552.60$24.46$577.06$4,517.77
53Jun 2025$555.26$21.80$577.06$3,962.51
54Jul 2025$557.94$19.12$577.06$3,404.57
55Aug 2025$560.63$16.43$577.06$2,843.94
56Sep 2025$563.34$13.72$577.06$2,280.60
57Oct 2025$566.06$11.00$577.06$1,714.54
58Nov 2025$568.79$8.27$577.06$1,145.75
59Dec 2025$571.53$5.53$577.06$574.22
2025 Total$6,680.12$244.6$6,924.72
60Jan 2026$574.22$2.77$576.99$0.00
2025 Total$574.22$2.77$576.99