Borrow amount
$30k
Advertised Rate

8.79%

Variable

Comparison Rate*

9.07%

Loan term
5 Years
Bank First
Repayment frequency
Monthly
Monthly repayment

$620

Number of repayments
60
Total interest paid
$7.2k
Total repayments

Monthly Repayment Schedule

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

DatePrincipalInterestPaymentBalance
1Feb 2021$399.95$219.75$619.70$29,600.05
2Mar 2021$402.88$216.82$619.70$29,197.17
3Apr 2021$405.83$213.87$619.70$28,791.34
4May 2021$408.80$210.90$619.70$28,382.54
5Jun 2021$411.80$207.90$619.70$27,970.74
6Jul 2021$414.81$204.89$619.70$27,555.93
7Aug 2021$417.85$201.85$619.70$27,138.08
8Sep 2021$420.91$198.79$619.70$26,717.17
9Oct 2021$424.00$195.70$619.70$26,293.17
10Nov 2021$427.10$192.60$619.70$25,866.07
11Dec 2021$430.23$189.47$619.70$25,435.84
2021 Total$4,564.16$2,252.54$6,816.7
12Jan 2022$433.38$186.32$619.70$25,002.46
13Feb 2022$436.56$183.14$619.70$24,565.90
14Mar 2022$439.75$179.95$619.70$24,126.15
15Apr 2022$442.98$176.72$619.70$23,683.17
16May 2022$446.22$173.48$619.70$23,236.95
17Jun 2022$449.49$170.21$619.70$22,787.46
18Jul 2022$452.78$166.92$619.70$22,334.68
19Aug 2022$456.10$163.60$619.70$21,878.58
20Sep 2022$459.44$160.26$619.70$21,419.14
21Oct 2022$462.80$156.90$619.70$20,956.34
22Nov 2022$466.19$153.51$619.70$20,490.15
23Dec 2022$469.61$150.09$619.70$20,020.54
2022 Total$5,415.3$2,021.1$7,436.4
24Jan 2023$473.05$146.65$619.70$19,547.49
25Feb 2023$476.51$143.19$619.70$19,070.98
26Mar 2023$480.01$139.69$619.70$18,590.97
27Apr 2023$483.52$136.18$619.70$18,107.45
28May 2023$487.06$132.64$619.70$17,620.39
29Jun 2023$490.63$129.07$619.70$17,129.76
30Jul 2023$494.22$125.48$619.70$16,635.54
31Aug 2023$497.84$121.86$619.70$16,137.70
32Sep 2023$501.49$118.21$619.70$15,636.21
33Oct 2023$505.16$114.54$619.70$15,131.05
34Nov 2023$508.87$110.83$619.70$14,622.18
35Dec 2023$512.59$107.11$619.70$14,109.59
2023 Total$5,910.95$1,525.45$7,436.4
36Jan 2024$516.35$103.35$619.70$13,593.24
37Feb 2024$520.13$99.57$619.70$13,073.11
38Mar 2024$523.94$95.76$619.70$12,549.17
39Apr 2024$527.78$91.92$619.70$12,021.39
40May 2024$531.64$88.06$619.70$11,489.75
41Jun 2024$535.54$84.16$619.70$10,954.21
42Jul 2024$539.46$80.24$619.70$10,414.75
43Aug 2024$543.41$76.29$619.70$9,871.34
44Sep 2024$547.39$72.31$619.70$9,323.95
45Oct 2024$551.40$68.30$619.70$8,772.55
46Nov 2024$555.44$64.26$619.70$8,217.11
47Dec 2024$559.51$60.19$619.70$7,657.60
2024 Total$6,451.99$984.41$7,436.4
48Jan 2025$563.61$56.09$619.70$7,093.99
49Feb 2025$567.74$51.96$619.70$6,526.25
50Mar 2025$571.90$47.80$619.70$5,954.35
51Apr 2025$576.08$43.62$619.70$5,378.27
52May 2025$580.30$39.40$619.70$4,797.97
53Jun 2025$584.55$35.15$619.70$4,213.42
54Jul 2025$588.84$30.86$619.70$3,624.58
55Aug 2025$593.15$26.55$619.70$3,031.43
56Sep 2025$597.49$22.21$619.70$2,433.94
57Oct 2025$601.87$17.83$619.70$1,832.07
58Nov 2025$606.28$13.42$619.70$1,225.79
59Dec 2025$610.72$8.98$619.70$615.07
2025 Total$7,042.53$393.87$7,436.4
60Jan 2026$615.07$4.51$619.58$0.00
2025 Total$615.07$4.51$619.58